China - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSteam Turbine Prices in China
China Steam Turbine Export Price in September 2022
In September 2022, the steam turbine price amounted to $3.3M per unit (FOB, China), with an increase of 201% against the previous month. Overall, the export price saw a remarkable increase. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 221% month-to-month. Over the period under review, the average export prices reached the maximum at $4.5M per unit in May 2022; however, from June 2022 to September 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was Indonesia ($6.0M per unit), while the average price for exports to Myanmar ($107K per unit) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.
China Steam Turbine Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In September 2022, the product with the highest price was steam and other vapour turbines, other than for marine propulsion, of an output over 40MW ($10.6M per unit), while the average price for exports of steam and other vapour turbines, other than for marine propulsion, of an output under 40MW amounted to $908K per unit.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: steam and other vapour turbines, other than for marine propulsion, of an output over 40MW (+22.0%), while the prices for the other product experienced more modest paces of growth.
China Steam Turbine Exports
In September 2022, approximately 8 units of steam turbines and other vapor turbines were exported from China; which is down by -20% on the previous month. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in August 2022 when exports increased by 233% month-to-month. The exports peaked at 15 units in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.
In value terms, steam turbine exports soared to $27M (IndexBox estimates) in September 2022. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in May 2022 when exports increased by 218% month-to-month. The exports peaked at 39M units in February 2022; however, from March 2022 to September 2022, the exports stood at a somewhat lower figure.
China Steam Turbine Exports by Type
Steam and other vapour turbines, other than for marine propulsion, of an output under 40MW (6 units) was the largest type of steam turbine exported from China, with a 75% share of total exports. Moreover, steam and other vapour turbines, other than for marine propulsion, of an output under 40MW exceeded the volume of the second product type, steam and other vapour turbines, other than for marine propulsion, of an output over 40MW (2 units), threefold.
From January 2022 to September 2022, the average monthly growth rate of the volume of export of steam and other vapour turbines, other than for marine propulsion, of an output under 40MW amounted to -8.3%.
In value terms, steam and other vapour turbines, other than for marine propulsion, of an output over 40MW ($21M) emerged as the largest type of steam turbine exported from China, comprising 80% of total exports. The second position in the ranking was taken by steam and other vapour turbines, other than for marine propulsion, of an output under 40MW ($5.4M), with a 20% share of total exports.
From January 2022 to September 2022, the average monthly growth rate of the export volume of steam and other vapour turbines, other than for marine propulsion, of an output over 40MW totaled +16.0%.
China Steam Turbine Exports by Country
Indonesia (4 units) was the main destination for steam turbine exports from China, accounting for a 50% share of total exports. Moreover, steam turbine exports to Indonesia exceeded the volume sent to the second major destination, Iran (1 units), fourfold. Myanmar (1 units) ranked third in terms of total exports with a 13% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume to Indonesia amounted to +3.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Iran (0.0% per month) and Myanmar (0.0% per month).
In value terms, Indonesia ($24M) remains the key foreign market for steam turbine exports from China, comprising 90% of total exports. The second position in the ranking was held by Pakistan ($1.8M), with a 6.6% share of total exports. It was followed by Taiwan (Chinese), with a 3% share.
From January 2022 to September 2022, the average monthly growth rate of value to Indonesia totaled +27.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Pakistan (-11.2% per month) and Taiwan (Chinese) (-5.1% per month).
This report provides an in-depth analysis of the steam turbine market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28112130 -
- Prodcom 28112150 -
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the steam turbine market in China.
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This report provides an in-depth analysis of the global steam turbine market.
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This report provides an in-depth analysis of the steam turbine market in China.
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This report provides an in-depth analysis of the global steam turbine market.
662
In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
908
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
1032
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
1029
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
662
In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
908
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
1032
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
1029
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
