Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Myanmar - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Myanmar (CIF) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Myanmar
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Myanmar (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $5,588,143 per unit in 2022, stabilizing at the previous year. Overall, the import price showed significant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,003% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
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 Germany ($23,167 per unit), while the price for Turkey ($2,388 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+338.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Myanmar
After two years of decline, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by 0% to 4 units in 2022. In general, imports saw a sharp curtailment. The smallest decline of 99.9% was in 2020. Imports peaked at 9 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $22M in 2022. Over the period under review, imports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.4 | N/A | N/A | 23.2 | 2.7% |
| China | 162 | N/A | N/A | 22.1 | -48.5% |
| United States | 2.0 | N/A | N/A | 4.8 | 33.9% |
| Turkey | 8.1 | N/A | N/A | 2.4 | -33.3% |
| Thailand | 226 | N/A | N/A | N/A | 0% |
| United Kingdom | 68.9 | N/A | N/A | N/A | 0% |
| India | 5.5 | N/A | N/A | N/A | 0% |
| Japan | 213 | N/A | N/A | N/A | 0% |
| Singapore | 63.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 22,300 | 0% |
| Total | 770 | N/A | N/A | 22,353 | 207.3% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Myanmar in 2022:
- United States (1.0 units)
- Turkey (1.0 units)
- Germany (1.0 units)
- China (1.0 units)
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