Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam (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 $318,508 per unit, increasing by 57% against the previous year. Over the period under review, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 2,180%. As a result, import price attained the peak level of $1,131,555 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,617,212 per unit), while the price for the Netherlands ($657 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+71.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam (FOB) - 2022
In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $1,767,748 per unit, growing by 508% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 20,094% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,518,426 per unit), while the average price for exports to Singapore totaled $17,070 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+54.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam
In 2022, approx. 13 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were imported into Vietnam; flattening at the previous year. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 44%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs surged to $4.1M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 422%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 27.0 | 1,865 | 2,279 | 3,617 | 411.7% |
United Kingdom | 41.9 | 33.6 | 65.2 | 189 | 65.2% |
Japan | 128 | 179 | 58.8 | 103 | -7.0% |
China | 68.2 | 222 | 100 | 62.1 | -3.1% |
Switzerland | 3.3 | N/A | N/A | 49.4 | 146.5% |
Mexico | N/A | 6.4 | 1.0 | 41.2 | 153.7% |
Singapore | N/A | N/A | N/A | 37.3 | 0% |
Poland | N/A | N/A | N/A | 13.3 | 0% |
Taiwan (Chinese) | 1.4 | N/A | 1.0 | 9.9 | 91.9% |
India | 5.7 | 16.8 | 9.3 | 6.8 | 6.1% |
France | N/A | 255 | 26.2 | 6.7 | -83.8% |
Germany | 134 | N/A | 2.1 | 3.8 | -69.5% |
Netherlands | 1.6 | N/A | 0.5 | 0.7 | -24.1% |
Others | 91.8 | 46.8 | 91.0 | N/A | -0.4% |
Total | 503 | 2,625 | 2,634 | 4,141 | 101.9% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Vietnam in 2022:
- United States (1.0 units)
- Netherlands (1.0 units)
- Taiwan (Chinese) (1.0 units)
- Singapore (1.0 units)
- Poland (1.0 units)
- Mexico (1.0 units)
- India (1.0 units)
- France (1.0 units)
- United Kingdom (1.0 units)
- China (1.0 units)
- Japan (1.0 units)
- Switzerland (1.0 units)
- Germany (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam
After three years of growth, overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -50% to 2 units in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 50%. The exports peaked at 4 units in 2021, and then reduced sharply in the following year.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs soared to $3.5M in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 632% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 125 | 541 | 1,155 | 3,518 | 204.2% |
Singapore | N/A | 2.5 | 6.0 | 17.1 | 161.5% |
Germany | N/A | N/A | 1.2 | N/A | 0% |
Belgium | N/A | 427 | N/A | N/A | 0% |
China | 1.6 | N/A | N/A | N/A | 0% |
Malaysia | N/A | N/A | 0.7 | N/A | 0% |
Others | 5.7 | N/A | N/A | N/A | 0% |
Total | 133 | 971 | 1,163 | 3,535 | 198.4% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Vietnam in 2022:
- United States (1.0 units)
- Singapore (1.0 units)
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