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

Contents:

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

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

The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $112,416 per unit in 2022, with a decrease of -49.2% against the previous year. Over the period under review, the export price faced a abrupt contraction. The growth pace was the most rapid in 2016 an increase of 73%. Over the period under review, the average export prices hit record highs at $961,292 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($261,002 per unit), while the average price for exports to Hong Kong SAR ($461 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 Latvia (+273.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $1,457 per unit, falling by -93.5% against the previous year. In general, the import price saw a dramatic decrease. The pace of growth appeared the most rapid in 2016 an increase of 375%. Over the period under review, average import prices reached the peak figure at $492,338 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the United States ($1,288,332 per unit), while the price for Australia ($134 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+47.1%), 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 the Netherlands

Exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs from the Netherlands skyrocketed to 190 units in 2022, growing by 50% against the previous year's figure. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs reduced notably to $21M in 2022. Overall, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, the exports reached the peak of $28M, and then declined notably in the following year.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/A0.31.28.3426.0%
Canada0.30.26.01.674.7%
Russia1.317.21.61.2-2.6%
FranceN/AN/AN/A1.00%
United KingdomN/AN/A4.00.8-80.0%
TurkeyN/AN/AN/A0.60%
LatviaN/AN/AN/A0.40%
SwitzerlandN/AN/A0.10.4300.0%
IndiaN/AN/AN/A0.30%
Malaysia0.20.10.20.20.0%
GermanyN/AN/AN/A0.20%
HungaryN/AN/AN/A0.20%
Hong Kong SAR14.3N/AN/AN/A0%
Others9.15.715.06.3-11.5%
Total25.323.728.121.4-5.4%

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

  1. Norway (75.0 units)
  2. Turkey (17.0 units)
  3. Hungary (12.0 units)
  4. Canada (6.0 units)
  5. India (6.0 units)
  6. Russia (6.0 units)
  7. Switzerland (5.0 units)
  8. France (4.0 units)
  9. United Kingdom (4.0 units)
  10. Latvia (4.0 units)
  11. Germany (4.0 units)
  12. Malaysia (3.0 units)
  13. Hong Kong SAR (1.0 units)

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

In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs imported into the Netherlands skyrocketed to 12K units, growing by 1,234% against the year before. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs dropped to $18M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports attained the peak of $21M, and then shrank in the following year.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/A4.30.9-79.1%
Australia1.9N/A0.80.7-28.3%
Others10.614.815.516.315.4%
Total12.514.820.618.012.9%

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

  1. Pakistan (6.8K units)
  2. Australia (5.4K units)

Source: IndexBox Market Intelligence Platform

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