Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel - 2022

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel (CIF) - 2022

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $15,642,500 per unit in 2022, rising by 2,252% against the previous year. Overall, the import price enjoyed prominent growth. 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 the United States ($30,976,000 per unit), while the price for France amounted to $309,000 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+43.4%), 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 Exceeding 5000kW in Israel (FOB) - 2022

In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $149,400 per unit, dropping by -25% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 1,108%. The export price peaked at $269,205 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($656,767 per unit), while the average price for exports to Mexico ($3,976 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 Turkey (+95.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel

In 2022, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by -80% to 2 units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, imports reached the peak of 13 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs skyrocketed to $31M in 2022. Overall, imports, however, recorded a mild increase. Imports peaked at $36M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.75.20.631.052.7%
France0.515.24.80.3-15.7%
SpainN/AN/AN/AN/A0%
NorwayN/A0.6N/AN/A0%
United Kingdom2.93.40.3N/A-67.8%
Germany0.20.30.1N/A-29.3%
PolandN/AN/AN/AN/A0%
Singapore1.91.20.2N/A-67.6%
Italy1.81.20.2N/A-66.7%
Netherlands0.2N/AN/AN/A0%
Canada11.60.50.1N/A-90.7%
Turkey1.60.40.2N/A-64.6%
Others0.37.7N/AN/A2466.7%
Total29.835.76.731.31.7%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Israel in 2022:

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

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel

Exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs from Israel dropped significantly to 5 units in 2022, with a decrease of -28.6% on 2021 figures. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. The exports peaked at 8 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs dropped sharply to $747K in 2022. In general, exports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,309% against the previous year. As a result, the exports reached the peak of $1.4M, and then fell significantly in the following year.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey52085.71,1856578.1%
United Kingdom82.69.184.931.6-27.4%
Germany15.82.960.328.021.0%
United States8.00.457.526.749.4%
Mexico6.30.87.04.0-14.1%
GuatemalaN/AN/AN/AN/A0%
Others90.3N/AN/AN/A0%
Total72399.01,3957471.1%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Israel in 2022:

  1. United States (1.0 units)
  2. Turkey (1.0 units)
  3. Germany (1.0 units)
  4. United Kingdom (1.0 units)
  5. Mexico (1.0 units)

Source: IndexBox Market Intelligence Platform

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