Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore - 2022
Contents:
- Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore (FOB) - 2022
- Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore (CIF) - 2022
- Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore
- Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore
Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore (FOB) - 2022
The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $51 per unit in 2022, declining by -98.4% against the previous year. Over the period under review, the export price continues to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 3,496% against the previous year. As a result, the export price attained the peak level of $10,912 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,892 per unit), while the average price for exports to South Korea ($15 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 the United States (+7.4%).
Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore (CIF) - 2022
In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $295 per unit, waning by -83.6% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 189%. As a result, import price reached the peak level of $2,811 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
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 UK ($1,058 per unit), while the price for Malaysia ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore
In 2022, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW from Singapore surged to 71K units, growing by 8,226% against the year before. Overall, exports saw 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; hydraulic turbines and water wheels, of a power not exceeding 1000kW skyrocketed to $3.6M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,276%. As a result, the exports attained the peak of $6.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 1,076 | 0% |
| Malaysia | 230 | 152 | 65.2 | 21.1 | -54.9% |
| Others | 258 | 6,570 | 2,629 | 2,514 | 113.6% |
| Total | 489 | 6,722 | 2,694 | 3,611 | 94.7% |
Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW from Singapore in 2022:
- South Korea (70.5K units)
- Malaysia (0.1K units)
Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore
In 2022, purchases abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -94.3% to 44 units, falling for the second consecutive year after two years of growth. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 1,837% against the previous year. As a result, imports attained the peak of 12K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW fell notably to $13K in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 671% against the previous year. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 66.4 | 37.1 | 5.4 | 37.0% |
| Germany | 5.5 | N/A | 1.7 | 4.2 | -8.6% |
| United Kingdom | 0.9 | N/A | N/A | 3.2 | 52.6% |
| Mexico | N/A | N/A | N/A | 0.1 | 0% |
| Malaysia | 0.6 | N/A | 1.4 | N/A | 52.8% |
| Italy | 1,577 | N/A | 739 | N/A | -31.5% |
| United States | 123 | 13,330 | 533 | N/A | 108.2% |
| Others | 30.8 | 10.2 | 62.9 | N/A | 42.9% |
| Total | 1,740 | 13,407 | 1,376 | 13.0 | -80.5% |
Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Singapore in 2022:
- China (25.0 units)
- Germany (14.0 units)
- United Kingdom (3.0 units)
- Malaysia (1.0 units)
- Mexico (1.0 units)
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