Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia - 2023

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia (CIF) - 2022

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $52,508 per unit in 2022, which is down by -78.9% against the previous year. Overall, the import price, however, posted a significant increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 23,328% against the previous year. The import price peaked at $1,291,552 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($134,091 per unit), while the price for Finland ($5,754 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-23.9%).

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia (FOB) - 2022

In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $70,906 per unit, declining by -42% against the previous year. Overall, the export price faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 717% against the previous year. Over the period under review, the average export prices attained the maximum at $509,022 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($133,444 per unit), while the average price for exports to Russia amounted to $50,060 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-18.0%), while the prices for the other major destinations experienced a decline.

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia

For the fourth consecutive year, Estonia recorded growth in supplies from abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, which increased by 267% to 11 units in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs reduced notably to $578K in 2022. Overall, imports, however, saw a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 7,308% against the previous year. Imports peaked at $1.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A3850%
FranceN/AN/AN/A1340%
United States1,292N/A15046.8-66.9%
BelgiumN/AN/AN/A6.00%
FinlandN/AN/AN/A5.80%
ThailandN/AN/A330N/A0%
IrelandN/AN/A265N/A0%
LatviaN/A10.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,29210.1745578-23.5%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Estonia in 2022:

  1. Germany (7.0 units)
  2. United States (1.0 units)
  3. Belgium (1.0 units)
  4. Finland (1.0 units)
  5. France (1.0 units)

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia

In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs from Estonia surged to 4 units, increasing by 33% on the previous year's figure. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 200%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs fell dramatically to $284K in 2022. Over the period under review, exports, however, faced a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 2,350% against the previous year. Over the period under review, the exports of hit record highs at $419K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A1500%
CanadaN/AN/AN/A1330%
United KingdomN/AN/A101N/A0%
LithuaniaN/AN/A237N/A0%
United States41915.028.3N/A-74.0%
OthersN/AN/AN/AN/A0%
Total41915.0367284-12.2%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Estonia in 2022:

  1. Russia (3.0 units)
  2. Canada (1.0 units)

Source: IndexBox Market Intelligence Platform

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