Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa - 2024
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa (CIF) - 2024
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa (CIF) - 2024
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $5.8M per unit in January 2024, standing approximately at the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2023 when the average import price increased by 3.3% m-o-m. The import price peaked in January 2024.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the countries with the highest prices were the Netherlands ($5.8M per unit) and Canada ($5.8M per unit), while the price for Germany ($5.8M per unit) and the United States ($5.8M per unit) were amongst the lowest.
From August 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), 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 South Africa (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 $404 per unit, shrinking by -98.4% against the previous year. Over the period under review, the export price saw a precipitous curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 744% against the previous year. The export price peaked at $386,701 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($1,131 per unit), while the average price for exports to Namibia ($45 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 France (+11.6%), while the prices for the other major destinations experienced a decline.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs imported into South Africa shrank remarkably to 10 units, reducing by -23.1% on 2021. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 8.3%. Imports peaked at 13 units in 2021, and then dropped significantly in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs plummeted to $2.4M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 477% against the previous year. As a result, imports reached the peak of $4.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 264 | 1,293 | 1,028 | 914 | 51.3% |
| United States | 183 | 2,479 | 948 | 629 | 50.9% |
| France | 81.2 | 56.0 | 2.9 | 294 | 53.6% |
| Netherlands | 27.5 | 8.3 | N/A | 28.2 | 0.8% |
| Czech Republic | 1.9 | N/A | N/A | 19.6 | 117.7% |
| Romania | 1.7 | 1.2 | 5.2 | 7.5 | 64.0% |
| Germany | 58.3 | 13.3 | 416 | 6.0 | -53.1% |
| Italy | N/A | 4.3 | 3.6 | 4.0 | -3.6% |
| Hungary | 5.0 | 0.8 | 1.6 | 2.2 | -23.9% |
| United Kingdom | 1.8 | 1.9 | 1.5 | 1.8 | 0.0% |
| Botswana | N/A | N/A | N/A | N/A | 0% |
| Japan | 0.8 | 0.9 | 0.8 | N/A | 0.0% |
| Brazil | N/A | N/A | 188 | N/A | 0% |
| Others | 88.5 | 254 | 237 | 496 | 77.6% |
| Total | 713 | 4,113 | 2,833 | 2,403 | 49.9% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to South Africa in 2022:
- Canada (1.0 units)
- United States (1.0 units)
- Romania (1.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- Czech Republic (1.0 units)
- France (1.0 units)
- United Kingdom (1.0 units)
- Germany (1.0 units)
- Hungary (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa
For the third year in a row, South Africa recorded decline in shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, which decreased by 0% to 4 units in 2022. In general, exports faced a abrupt downturn. The smallest decline of -14.3% was in 2020. Over the period under review, the exports of attained the peak figure at 7 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs contracted notably to $1.6K in 2022. Overall, exports recorded a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 590% against the previous year. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | N/A | 2.5 | N/A | 1.1 | -33.7% |
| United Kingdom | 60.7 | N/A | N/A | 0.3 | -83.0% |
| Botswana | N/A | 0.9 | 1.7 | 0.1 | -66.7% |
| Germany | N/A | 696 | N/A | N/A | 0% |
| Ireland | N/A | 121 | N/A | N/A | 0% |
| Namibia | 0.3 | N/A | 0.3 | N/A | 0.0% |
| Zimbabwe | 11.2 | N/A | N/A | N/A | 0% |
| Democratic Republic of the Congo | 2.6 | N/A | N/A | N/A | 0% |
| Zambia | N/A | 0.5 | N/A | N/A | 0% |
| United Arab Emirates | 243 | N/A | N/A | N/A | 0% |
| United States | 19.0 | 1,499 | 96.2 | N/A | 125.0% |
| Ghana | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 336 | 2,320 | 98.2 | 1.6 | -83.2% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from South Africa in 2022:
- United Kingdom (1.0 units)
- Namibia (1.0 units)
- Botswana (1.0 units)
- Swaziland (1.0 units)
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