Belgium - Turbo-Propellers Of A Power Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belgium - Turbo-Propellers Of A Power Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights

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Price for Turbo-Propeller (over 1100 kW) in Belgium - 2023

Contents:

  1. Price for Turbo-Propeller (over 1100 kW) in Belgium (CIF) - 2022
  2. Price for Turbo-Propeller (over 1100 kW) in Belgium (FOB) - 2022
  3. Imports of Turbo-Propeller (over 1100 kW) in Belgium
  4. Exports of Turbo-Propeller (over 1100 kW) in Belgium

Price for Turbo-Propeller (over 1100 kW) in Belgium (CIF) - 2022

In 2022, the average turbo-propeller (over 1100 kW) import price amounted to $1,054,263 per unit, growing by 73% against the previous year. Over the period under review, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 25,279%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,435,867 per unit), while the price for Jordan ($1,277 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.2%), while the prices for the other major suppliers experienced a decline.

Price for Turbo-Propeller (over 1100 kW) in Belgium (FOB) - 2022

The average turbo-propeller (over 1100 kW) export price stood at $276,460 per unit in 2022, rising by 17,013% against the previous year. Over the period under review, the export price, however, saw a noticeable contraction. The export price peaked at $1,190,075 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +86.6% per year.

Imports of Turbo-Propeller (over 1100 kW) in Belgium

Turbo-propeller (over 1100 kW) imports into Belgium reduced markedly to 15 units in 2022, with a decrease of -75% against 2021 figures. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 1,400% against the previous year. As a result, imports reached the peak of 60 units, and then shrank remarkably in the following year.

In value terms, turbo-propeller (over 1100 kW) imports declined rapidly to $16M in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 6,264% against the previous year. As a result, imports attained the peak of $37M, and then fell rapidly in the following year.

Import of Turbo-Propeller (over 1100 kW) in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A21.015.8-24.8%
JordanN/AN/AN/AN/A0%
SwitzerlandN/AN/AN/AN/A0%
ChinaN/AN/AN/AN/A0%
United KingdomN/AN/AN/AN/A0%
FranceN/AN/AN/AN/A0%
United StatesN/AN/A13.4N/A0%
Canada0.30.62.2N/A170.8%
OthersN/AN/AN/AN/A0%
Total0.30.636.715.8274.8%

Top Suppliers of Turbo-Propeller (over 1100 kW) to Belgium in 2022:

  1. Germany (11.0 units)
  2. United States (1.0 units)
  3. Jordan (1.0 units)
  4. United Kingdom (1.0 units)
  5. Switzerland (1.0 units)

Exports of Turbo-Propeller (over 1100 kW) in Belgium

In 2022, overseas shipments of turbo-propellers of a power exceeding 1,100 kW increased by 3,075% to 127 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, turbo-propeller (over 1100 kW) exports surged to $35M in 2022. Overall, exports, however, saw a sharp decline. Over the period under review, the exports reached the peak figure at $83M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Turbo-Propeller (over 1100 kW) in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.96.8N/A35.122.9%
Russia22.521.9N/AN/A-2.7%
ChileN/A12.4N/AN/A0%
China9.511.1N/AN/A16.8%
MoroccoN/A11.1N/AN/A0%
India11.2N/AN/AN/A0%
Philippines6.6N/AN/AN/A0%
Singapore9.65.9N/AN/A-38.5%
Israel5.1N/AN/AN/A0%
OthersN/A1.0N/AN/A0%
Total83.570.2N/A35.1-25.1%

Top Export Markets for Turbo-Propeller (over 1100 kW) from Belgium in 2022:

  1. United States (127.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for turbo-propeller (over 1100 kw) in Belgium. 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 30301200 - Turbo-jets and turbo-propellers, for civil use

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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