Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Morocco - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Morocco (CIF) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Morocco
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Morocco (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 $23,260 per unit, declining by -86% against the previous year. Overall, the import price showed a dramatic slump. The pace of growth was the most pronounced in 2015 an increase of 7,300%. The import price peaked at $1,786,125 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($25,709 per unit), while the price for Italy stood at $8,565 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-8.3%), while the prices for the other major suppliers experienced a decline.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Morocco
In 2022, approx. 7 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs were imported into Morocco; with an increase of 17% on the year before. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs shrank rapidly to $163K in 2022. Overall, imports, however, recorded a precipitous contraction. The smallest decline of -59.6% was in 2021. Over the period under review, imports of reached the peak figure at $6.1M 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 Exceeding 5000kW in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 0.2 | 0.2 | 154 | 627.5% |
| Italy | N/A | N/A | N/A | 8.6 | 0% |
| Spain | 0.2 | 0.1 | N/A | N/A | -50.0% |
| United Kingdom | 151 | 35.3 | 6.5 | N/A | -79.3% |
| France | 5,922 | 2,421 | 987 | N/A | -59.2% |
| United States | 11.8 | 4.4 | 1.7 | N/A | -62.0% |
| Turkey | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6,086 | 2,461 | 995 | 163 | -70.1% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Morocco in 2022:
- China (6.0 units)
- Italy (1.0 units)
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