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

Contents:

1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Czech Republic (CIF) - 2023
2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Czech Republic (FOB) - 2022
3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Czech Republic
4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Czech Republic

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

In November 2023, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $672K per unit, with a decrease of -24.2% against the previous month. In general, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 227% month-to-month. As a result, import price attained the peak level of $1.3M per unit. From June 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($712K per unit), while the price for Italy ($432K per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+23.1%), while the prices for the other major suppliers experienced a decline.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Czech Republic (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 $1,436,940 per unit, dropping by -14.3% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 1,965% against the previous year. Over the period under review, the average export prices attained the maximum at $3,919,018 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($3,325,448 per unit), while the average price for exports to Vietnam ($139,190 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 UK (+54.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs, when their volume decreased by -65.8% to 177 units. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 327% against the previous year. As a result, imports reached the peak of 517 units, and then reduced rapidly in the following year.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs reduced slightly to $147M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 8.5% against the previous year. As a result, imports reached the peak of $151M, and then declined slightly in the following year.

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

1. United States (151.0 units)
2. Turkey (13.0 units)
3. United Kingdom (8.0 units)

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

Exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs from the Czech Republic surged to 41 units in 2022, increasing by 17% against 2021 figures. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 125% against the previous year. As a result, the exports reached the peak of 90 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $59M in 2022. In general, exports, however, faced a sharp shrinkage. The exports peaked at $148M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Turkey (15.0 units)
2. United States (12.0 units)
3. Nigeria (3.0 units)
4. Pakistan (1.0 units)
5. Qatar (1.0 units)
6. Australia (1.0 units)
7. Netherlands (1.0 units)
8. Egypt (1.0 units)
9. Indonesia (1.0 units)
10. Tunisia (1.0 units)
11. Congo (1.0 units)
12. United Kingdom (1.0 units)
13. Vietnam (1.0 units)

Source: IndexBox Market Intelligence Platform