Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark - 2023

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark (CIF) - 2022

In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $387,303 per unit, approximately reflecting the previous year. Overall, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 201% against the previous year. The import price peaked at $4,915,450 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 ($769,781 per unit), while the price for Belgium amounted to $4,824 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-10.0%).

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark (FOB) - 2022

In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $7,508 per unit, with a decrease of -99.3% against the previous year. Overall, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 4,647%. The export price peaked at $4,545,466 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 the UK ($15,157 per unit), while the average price for exports to Ukraine ($714 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 the United States (+55.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark

In 2022, after two years of decline, there was decline in overseas purchases of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs, when their volume decreased by 0% to 2 units. In general, imports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $775K in 2022. Over the period under review, imports recorded a sharp contraction. The smallest decline of 99.9% was in 2020. Imports peaked at $6.1M 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 Exceeding 5000kW in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.0N/AN/A0.8-48.9%
Norway0.1N/AN/AN/A0%
BelgiumN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.1N/AN/A0.8-49.2%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Denmark in 2022:

  1. Belgium (1.0 units)
  2. United States (1.0 units)

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark

After three years of growth, overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by 0% to 5 units in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 200%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs dropped significantly to $38K in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 7,812% against the previous year. As a result, the exports reached the peak of $5M, and then fell significantly in the following year.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A30.30%
NorwayN/AN/AN/A5.80%
UkraineN/A5.6N/A1.4-50.0%
Switzerland21.6N/A7.5N/A-41.1%
SwedenN/AN/AN/AN/A0%
Sri LankaN/AN/A0.7N/A0%
United StatesN/A58.05,019N/A8553.4%
OthersN/AN/AN/AN/A0%
Total21.663.55,02737.520.2%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Denmark in 2022:

  1. Ukraine (2.0 units)
  2. United Kingdom (2.0 units)
  3. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform

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