Asia-Pacific: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in Asia-Pacific

The Asia-Pacific civil reaction engine market contracted markedly to $X in 2022, declining by X% against the previous year. In general, consumption faced a dramatic decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Civil Reaction Engine Production in Asia-Pacific

In value terms, civil reaction engine production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Civil Reaction Engine Exports

Exports in Asia-Pacific

In 2022, the amount of civil reaction engines exported in Asia-Pacific soared to X units, picking up by X% against 2021 figures. Overall, exports posted a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, civil reaction engine exports contracted remarkably to $X in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

India (X units) and Singapore (X units) dominates exports structure, together comprising X% of total exports. It was distantly followed by Thailand (X units) and New Zealand (X units), together mixing up a X% share of total exports. Pakistan (X units) and Australia (X units) took a relatively small share of total exports.

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

In value terms, the largest civil reaction engine supplying countries in Asia-Pacific were Thailand ($X), Singapore ($X) and New Zealand ($X), with a combined X% share of total exports.

Among the main exporting countries, Thailand, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 unit, with a decrease of X% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

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

Civil Reaction Engine Imports

Imports in Asia-Pacific

In 2022, approx. X units of civil reaction engines were imported in Asia-Pacific; waning by X% compared with the previous year's figure. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, civil reaction engine imports reduced sharply to $X in 2022. Over the period under review, imports recorded a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Singapore (X units) represented the major importer of civil reaction engines, generating X% of total imports. India (X units) ranks second in terms of the total imports with a X% share, followed by Indonesia (X%) and Hong Kong SAR (X%). Japan (X units), Thailand (X units), Brunei Darussalam (X units), Taiwan (Chinese) (X units), Australia (X units) and Bangladesh (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Brunei Darussalam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Japan ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Australia, India, Brunei Darussalam, Hong Kong SAR, Thailand, Bangladesh and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Brunei Darussalam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, dropping by X% against the previous year. Import price indicated a temperate expansion 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, civil reaction engine import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while India ($X per unit) 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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