Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $13,469,211 per unit in 2022, picking up by 37% against the previous year. In general, the import price showed prominent growth. The pace of growth appeared the most rapid in 2015 an increase of 58%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($22,226,063 per unit), while the price for the UK ($1,558,661 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 (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan (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 $363,495 per unit, growing by 8.1% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs increased by +10.8% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 122%. As a result, the export price reached the peak level of $490,928 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($1,149,187 per unit), while the average price for exports to South Korea ($264,760 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+241.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan
For the third year in a row, Japan recorded decline in supplies from abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, which decreased by -26.7% to 11 units in 2022. In general, imports continue to indicate a abrupt contraction. The smallest decline of -11.8% was in 2021. Imports peaked at 20 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $148M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of hit record highs at $152M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 20.7 | 27.8 | 34.1 | 66.7 | 47.7% |
| United States | 112 | 64.8 | 94.6 | 64.9 | -16.6% |
| Canada | 14.8 | 10.3 | 17.6 | 15.1 | 0.7% |
| United Kingdom | 0.6 | 1.0 | N/A | 1.6 | 38.7% |
| Russia | 0.2 | N/A | N/A | N/A | 0% |
| South Korea | 0.9 | 0.6 | N/A | N/A | -33.3% |
| China | N/A | N/A | N/A | N/A | 0% |
| Switzerland | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Germany | 0.6 | 0.8 | N/A | N/A | 33.3% |
| Poland | 1.4 | 1.2 | N/A | N/A | -14.3% |
| Italy | N/A | N/A | 1.7 | N/A | 0% |
| Ukraine | N/A | 0.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 152 | 107 | 148 | 148 | -0.9% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Japan in 2022:
- United States (6.0 units)
- France (3.0 units)
- Canada (1.0 units)
- United Kingdom (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan
After three years of growth, overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -61.4% to 22 units in 2022. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 100%. The exports peaked at 57 units in 2021, and then reduced dramatically in the following year.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs reduced remarkably to $8M in 2022. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Over the period under review, the exports of attained the peak figure at $19M in 2021, and then shrank rapidly in the following year.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 6.9 | 11.9 | 12.8 | 3.7 | -18.8% |
| Germany | 2.6 | 3.4 | 2.4 | 1.2 | -22.7% |
| China | N/A | 0.6 | N/A | 1.1 | 35.4% |
| Argentina | N/A | N/A | N/A | 1.1 | 0% |
| Singapore | N/A | N/A | N/A | 0.5 | 0% |
| United States | 0.3 | 0.1 | N/A | 0.3 | 0.0% |
| Others | 3.2 | 1.8 | 3.9 | N/A | 10.4% |
| Total | 13.0 | 17.7 | 19.2 | 8.0 | -14.9% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Japan in 2022:
- South Korea (14.0 units)
- China (3.0 units)
- Germany (2.0 units)
- Singapore (1.0 units)
- United States (1.0 units)
- Argentina (1.0 units)
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