Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kuwait - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kuwait (CIF) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kuwait
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kuwait (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $299,087 per unit in 2022, increasing by 10,787% against the previous year. Over the period under review, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($800,775 per unit), while the price for Morocco ($1,665 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+32.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kuwait
In 2022, supplies from abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -37.5% to 5 units for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a dramatic decrease. Over the period under review, imports of hit record highs at 13 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs soared to $1.5M in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. Over the period under review, imports of attained the maximum at $1.8M 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 Not Exceeding 5000kW in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 348 | N/A | N/A | 801 | 32.0% |
| United States | 1,073 | 269 | 12.5 | 681 | -14.1% |
| Japan | 140 | 51.5 | 1.0 | 11.8 | -56.2% |
| Morocco | N/A | N/A | N/A | 1.7 | 0% |
| United Kingdom | 102 | 187 | 5.9 | N/A | -75.9% |
| Germany | 5.5 | 3.4 | 0.1 | N/A | -86.5% |
| France | 84.4 | 56.0 | 2.0 | N/A | -84.6% |
| United Arab Emirates | 19.1 | 1.0 | 0.1 | N/A | -92.8% |
| Italy | 5.0 | 4.3 | 0.2 | N/A | -80.0% |
| Canada | 3.8 | N/A | N/A | N/A | 0% |
| Turkey | 1.1 | 0.8 | N/A | N/A | -27.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,783 | 573 | 22.0 | 1,495 | -5.7% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Kuwait in 2022:
- United States (2.0 units)
- Japan (1.0 units)
- Poland (1.0 units)
- Morocco (1.0 units)
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