Eastern Asia: Gas Turbine Market 2020

Gas Turbine Market Size in Eastern Asia

The revenue of the gas turbine market in Eastern Asia amounted to $X in 2017, growing by X% against the previous year. The gas turbine consumption continues to indicate a deep drop. The most prominent rate of growth was recorded in 2011, when market value increased by X% y-o-y. In that year, the gas turbine market attained their peak level of $X. From 2012 to 2017, growth of the gas turbine market stood at a somewhat lower level.

Gas Turbine Production in Eastern Asia

In 2017, approx. X units of gas turbines were produced in Eastern Asia; jumping by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. The volume of gas turbine production peaked in 2017, and is expected to retain its growth in the near future.

Gas Turbine Exports in Eastern Asia

The exports totaled X units in 2017, falling by -X% against the previous year. The gas turbine exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Over the period under review, the gas turbine exports reached its peak figure volume of X units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, gas turbine exports stood at $X in 2017. The gas turbine exports continue to indicate an abrupt curtailment. In that year, the gas turbine exports attained their peak level of $X. From 2010 to 2017, growth of the gas turbine exports failed to regain its momentum.

Gas Turbine Exports by Country in Eastern Asia

Japan (X units) and China (X units) dominates gas turbine exports structure, together creating X% of total exports. It was distantly followed by China, Hong Kong SAR (X units), creating X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, Japan ($X) remains the largest gas turbine supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

In Japan, gas turbine exports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: China (+X% per year) and China, Hong Kong SAR (-X% per year).

Gas Turbine Export Prices by Country in Eastern Asia

The gas turbine export price in Eastern Asia stood at $X thousand per unit in 2017, coming up by X% against the previous year. The gas turbine export price continues to indicate an abrupt decline. The pace of growth was the most pronounced in 2011, an increase of X% year-to-year. In that year, the export prices for gas turbines reached their peak level of $X thousand per unit. From 2012 to 2017, growth of the export prices for gas turbines stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X thousand per unit), while China ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced a decline in the export price figures.

Gas Turbine Imports in Eastern Asia

The imports totaled X units in 2017, coming up by X% against the previous year. The gas turbine imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2015, when imports increased by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, gas turbine imports totaled $X in 2017. The gas turbine imports continue to indicate a strong expansion. Over the period under review, the gas turbine imports reached its maximum level in 2017, and are likely to continue its growth in the immediate term.

Gas Turbine Imports by Country in Eastern Asia

In 2017, China (X units) represented the largest importer for gas turbines, constituting X% of total imports. Japan (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by South Korea (X%). Taiwan, Chinese (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported gas turbines in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Japan stood at +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and China (-X% per year).

Gas Turbine Import Prices by Country in Eastern Asia

In 2017, the gas turbine import price in Eastern Asia amounted to $X thousand per unit, going down by -X% against the previous year. The gas turbine import price continues to indicate a measured drop. The growth pace was the most rapid in 2010, an increase of X% against the previous year. Over the period under review, the import prices for gas turbines reached its maximum level of $X thousand per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X thousand per unit), while China ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform