Asia-Pacific: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Asia-Pacific

The Asia-Pacific turbo-jet (over X kN) market skyrocketed to $X in 2022, growing by X% against the previous year. In general, consumption showed a buoyant expansion. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Production of Turbo-Jets Of A Thrust Exceeding X kN in Asia-Pacific

In value terms, turbo-jet (over X kN) production rose rapidly to $X in 2022 estimated in export price. Overall, production showed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports in Asia-Pacific

In 2022, approx. X units of turbo-jets of a thrust exceeding X kN were exported in Asia-Pacific; jumping by X% on 2021 figures. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, turbo-jet (over X kN) exports expanded markedly to $X in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Indonesia (X units), Hong Kong SAR (X units) and Singapore (X units) represented roughly X% of total exports in 2022. It was distantly followed by India (X units), making up a X% share of total exports. Japan (X units) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest turbo-jet (over X kN) supplying countries in Asia-Pacific were Hong Kong SAR ($X), Singapore ($X) and India ($X), with a combined X% share of total exports.

Among the main exporting countries, India, 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

The export price in Asia-Pacific stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of export peaked at $X,565 per unit in 2020; however, from 2021 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 Singapore ($X,096 per unit), while Indonesia ($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.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports in Asia-Pacific

In 2022, the amount of turbo-jets of a thrust exceeding X kN imported in Asia-Pacific soared to X units, growing by X% on 2021 figures. Over the period under review, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, turbo-jet (over X kN) imports skyrocketed to $X in 2022. Overall, imports showed a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

The Philippines was the main importing country with an import of about X units, which amounted to X% of total imports. Hong Kong SAR (X units) took the second position in the ranking, followed by Singapore (X units) and India (X units). All these countries together held near X% share of total imports. The following importers - Japan (X units) and Taiwan (Chinese) (X units) - each recorded a X% share of total imports.

The Philippines was also the fastest-growing in terms of the turbo-jets of a thrust exceeding X kN imports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%), Singapore (X%), Taiwan (Chinese) (X%), Hong Kong SAR (X%) and Japan (X%) displayed positive paces of growth. The Philippines (X p.p.), Singapore (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total imports, while Japan and Hong Kong SAR saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest turbo-jet (over X kN) importing markets in Asia-Pacific were Hong Kong SAR ($X), Singapore ($X) and India ($X), with a combined X% share of total imports. Japan, Taiwan (Chinese) and the Philippines lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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, reducing by X% against the previous year. Overall, the import price showed a perceptible contraction. The growth pace was the most rapid in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X,248 per unit. From 2021 to 2022, the 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 ($X,531 per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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