Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece - 2023

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece (FOB) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece (CIF) - 2022
  3. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece
  4. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece (FOB) - 2022

The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $2,443 per unit in 2022, flattening at the previous year. Over the period under review, the export price recorded a abrupt slump. The growth pace was the most rapid in 2020 an increase of 3,140%. As a result, the export price reached the peak level of $229,843 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for North Macedonia.

From 2014 to 2022, the rate of growth in terms of prices for Switzerland amounted to +21.6% per year.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece (CIF) - 2022

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $220,680 per unit in 2020, picking up by 10,270% against the previous year. Overall, the import price, however, recorded a abrupt setback. Over the period under review, average import prices hit record highs at $312,107 per unit in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($381,939 per unit), while the price for Switzerland amounted to $59,421 per unit.

From 2014 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland (+1,005.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece

In 2022, shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by 0% to 1 units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 200% against the previous year. As a result, the exports attained the peak of 3 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 not exceeding 5000kWs stood at $2.4K in 2022. Over the period under review, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2020 when exports increased by 9,619%. As a result, the exports attained the peak of $690K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North MacedoniaN/AN/AN/A2.40%
ThailandN/A642N/AN/A0%
SwitzerlandN/A21.5N/AN/A0%
South AfricaN/A25.7N/AN/A0%
Israel7.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.1690N/A2.4-30.3%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Greece in 2022:

  1. North Macedonia (1.0 units)

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece

In 2020, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kws into Greece reduced remarkably to 2 units, shrinking by -33.3% against the year before. Overall, imports faced a dramatic curtailment. Imports peaked at 3 units in 2019, and then fell significantly in the following year.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs surged to $441K in 2020. In general, imports, however, enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Greece (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
United StatesN/A3820%
Switzerland5.459.41000.0%
Germany0.1N/A0%
Taiwan (Chinese)0.9N/A0%
OthersN/AN/A0%
Total6.44416790.6%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Greece in 2022:

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

Source: IndexBox Market Intelligence Platform

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