Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Malaysia - 2024
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Malaysia (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Malaysia (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Malaysia
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Malaysia
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Malaysia (CIF) - 2022
In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $1,976,653 per unit, with an increase of 9.2% against the previous year. Over the period under review, the import price, however, showed a noticeable curtailment. The growth pace was the most rapid in 2020 an increase of 64%. The import price peaked at $2,589,617 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the United States ($4,629,771 per unit), while the price for Romania ($1,357 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+164.6%), 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 Malaysia (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $3,005,806 per unit in 2022, which is down by -55.7% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 288% against the previous year. The export price peaked at $6,778,040 per unit in 2021, and then reduced dramatically in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($6,951,082 per unit), while the average price for exports to Australia ($9,429 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 Thailand (+130.0%), 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 Malaysia
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs imported into Malaysia skyrocketed to 10 units, increasing by 25% compared with 2021. Overall, imports saw a relatively flat trend pattern. Imports peaked at 11 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs skyrocketed to $20M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +26.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 80% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.0 | 15.2 | 11.2 | 9.3 | 23.0% |
| Singapore | 1.3 | 0.7 | 1.2 | 4.2 | 47.8% |
| Japan | 2.1 | N/A | 0.1 | 2.3 | 3.1% |
| Thailand | N/A | N/A | N/A | 2.3 | 0% |
| United Kingdom | 1.2 | N/A | N/A | 1.6 | 10.1% |
| China | N/A | N/A | N/A | N/A | 0% |
| Switzerland | N/A | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| Australia | N/A | N/A | N/A | N/A | 0% |
| Mexico | N/A | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | 1.5 | 2.0 | N/A | 33.3% |
| Netherlands | 0.1 | N/A | N/A | N/A | 0% |
| Romania | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.7 | 17.4 | 14.5 | 19.8 | 26.9% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Malaysia in 2022:
- United States (2.0 units)
- Romania (1.0 units)
- Singapore (1.0 units)
- Mexico (1.0 units)
- United Kingdom (1.0 units)
- China (1.0 units)
- Thailand (1.0 units)
- Switzerland (1.0 units)
- Japan (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Malaysia
In 2022, overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were finally on the rise to reach 3 units after two years of decline. Overall, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports of attained the maximum at 4 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs surged to $9M in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 191%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.9 | 3.8 | 6.8 | 7.0 | 54.4% |
| United States | 0.1 | N/A | N/A | 2.1 | 175.9% |
| Thailand | N/A | 1.5 | N/A | N/A | 0% |
| United Kingdom | N/A | 0.4 | N/A | N/A | 0% |
| Brunei Darussalam | N/A | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| Australia | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.0 | 5.7 | 6.8 | 9.0 | 65.1% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Malaysia in 2022:
- United States (1.0 units)
- Australia (1.0 units)
- Singapore (1.0 units)
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