Asia-Pacific: Aircraft Launching Gear Market 2024

Aircraft Launching Gear Market Size in Asia-Pacific

For the third year in a row, the Asia-Pacific aircraft launching gear market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Aircraft Launching Gear Production in Asia-Pacific

In value terms, aircraft launching gear production expanded notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Aircraft Launching Gear Exports

Exports in Asia-Pacific

After two years of decline, overseas shipments of aircraft launching gear, deck-arrestor or similar gear and parts thereof increased by X% to X tons in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aircraft launching gear exports skyrocketed to $X in 2022. In general, exports, however, faced a deep downturn. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of aircraft launching gear, deck-arrestor or similar gear and parts thereof, namely Singapore, Malaysia and Australia, represented more than two-thirds of total export. India (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (X%) and Taiwan (Chinese) (X%). Vietnam (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest aircraft launching gear supplying countries in Asia-Pacific were Australia ($X), Malaysia ($X) and Singapore ($X), with a combined X% share of total exports. Vietnam, India, Taiwan (Chinese) and South Korea lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price, however, posted noticeable growth. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.

Aircraft Launching Gear Imports

Imports in Asia-Pacific

In 2022, imports of aircraft launching gear, deck-arrestor or similar gear and parts thereof in Asia-Pacific soared to X tons, picking up by X% compared with the previous year. Over the period under review, imports, however, continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, aircraft launching gear imports skyrocketed to $X in 2022. Total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Australia was the largest importing country with an import of around X tons, which resulted at X% of total imports. Japan (X tons) ranks second in terms of the total imports with an X% share, followed by Singapore (X%), Afghanistan (X%) and Indonesia (X%). The following importers - Vietnam (X tons) and India (X tons) - each accounted for an X% share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), Indonesia (X%), Japan (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Afghanistan (X%) and India (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia, Japan, Singapore, Indonesia and Vietnam increased by X, X, X, X and X percentage points, respectively.

In value terms, Japan ($X) constitutes the largest market for imported aircraft launching gear, deck-arrestor or similar gear and parts thereof in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

In Japan, aircraft launching gear imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Australia (X% per year) and Singapore (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aircraft launching gear import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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