Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sri Lanka - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sri Lanka (CIF) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sri Lanka
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sri Lanka (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $11,953 per unit in 2022, with a decrease of -86.5% against the previous year. Overall, the import price, however, showed a modest expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 912%. The import price peaked at $195,640 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Malta amounted to +611.9% per year.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas purchases of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, when their volume decreased by -90% to 1 units. Overall, imports faced a sharp decrease. The pace of growth was the most pronounced in 2020 when imports increased by 125% against the previous year. Over the period under review, imports of hit record highs at 10 units in 2021, and then dropped rapidly in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs fell dramatically to $12K in 2022. Over the period under review, imports showed a sharp slump. The pace of growth appeared the most rapid in 2020 when imports increased by 218% against the previous year. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 12.0 | 0% |
| China | N/A | 0.1 | N/A | N/A | 0% |
| United States | 312 | 1,094 | 579 | N/A | 36.2% |
| Malta | 77.9 | N/A | N/A | N/A | 0% |
| Singapore | 62.1 | 221 | 115 | N/A | 36.1% |
| Canada | 101 | 446 | 192 | N/A | 37.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 554 | 1,761 | 886 | 12.0 | -72.1% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Sri Lanka in 2022:
- France (1.0 units)
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