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

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Mexico (FOB) - 2023
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Mexico (CIF) - 2023
  3. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Mexico
  4. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Mexico

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

The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $9.7M per unit in February 2023, approximately mirroring the previous month. Over the period under review, the export price showed a temperate increase. The pace of growth was the most pronounced in May 2022 when the average export price increased by less than 0.1% month-to-month. The export price peaked in February 2023.

As there is only one major export destination, the average price level is determined by prices for the United States.

From February 2022 to February 2023, the rate of growth in terms of prices for the United States amounted to +3.5% per month.

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

In December 2023, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $5.8M per unit, approximately mirroring the previous month. In general, the import price posted a slight increase. The import price peaked in December 2023.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +1.1% per month.

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

In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs from Mexico soared to 2 units, with an increase of 100% against 2021 figures. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs skyrocketed to $11M in 2022. Overall, exports recorded a notable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.55.13.210.74.0%
OthersN/AN/AN/AN/A0%
Total9.55.13.210.74.0%

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

  1. United States (2.0 units)

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

In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs imported into Mexico was estimated at 1 units, flattening at 2021. Over the period under review, imports continue to indicate a dramatic curtailment. The smallest decline of -50% was in 2021. Imports peaked at 2 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 surged to $3.8M in 2022. In general, imports saw a dramatic descent. Imports peaked at $8.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.38.01.33.8-22.9%
OthersN/AN/AN/AN/A0%
Total8.38.01.33.8-22.9%

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

  1. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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