Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Oman - 2022

Contents:

  1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Oman (CIF) - 2022
  2. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Oman

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Oman (CIF) - 2022

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $25,678 per unit, picking up by 236% against the previous year. Overall, the import price recorded a significant expansion. The pace of growth was the most pronounced in 2021 an increase of 822% against the previous year. The import price peaked at $32,662 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Norway ($51,285 per unit), while the price for Qatar stood at $70 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+46.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Oman

In 2022, after three years of growth, there was significant decline in supplies from abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW, when their volume decreased by -99% to 2 units. Over the period under review, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 2,400%. As a result, imports attained the peak of 200 units, and then declined markedly in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW declined dramatically to $51K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 22,952% against the previous year. As a result, imports reached the peak of $1.5M, and then fell notably in the following year.

Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway7.10.218.151.393.3%
Qatar0.16.21,0520.10.0%
China0.6N/A1.7N/A68.3%
India0.2N/A0.3N/A22.5%
United Arab EmiratesN/A0.1442N/A441900.0%
Italy1.0N/A1.4N/A18.3%
Others5.70.111.6N/A42.7%
Total14.86.61,52751.451.4%

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Oman in 2022:

  1. Qatar (1.0 units)
  2. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform

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