Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Oman - 2022

Contents:

1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Oman (CIF) - 2022
2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Oman (FOB) - 2022
3. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Oman
4. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Oman

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Oman (CIF) - 2022

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $534 per unit, falling by -76.5% against the previous year. Overall, the import price faced a precipitous descent. The most prominent rate of growth was recorded in 2019 an increase of 1,775%. The import price peaked at $34,396 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,064 per unit), while the price for China amounted to $3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-7.7%), while the prices for the other major suppliers experienced a decline.

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Oman (FOB) - 2022

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $71,165 per unit, dropping by -6.4% against the previous year. Over the period under review, the export price, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 1,411%. The export price peaked at $75,999 per unit in 2021, and then declined in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +51.5% per year.

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Oman

In 2022, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW into Oman contracted remarkably to 2 units, with a decrease of -60% compared with the year before. In general, imports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. As a result, imports reached the peak of 5 units, and then declined sharply in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW shrank markedly to $1.1K in 2022. Over the period under review, imports faced a significant contraction. The smallest decline of -42.1% was in 2020. Imports peaked at $37K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW to Oman in 2022:

1. United Arab Emirates (1.0 units)
2. China (1.0 units)

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Oman

Exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW from Oman amounted to 1 units in 2022, standing approx. at the year before. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW shrank to $71K in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $76K, and then declined in the following year.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW from Oman in 2022:

1. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform