Australia and Oceania: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Australia and Oceania

The turbo-jet (over X kN) market in Australia and Oceania declined rapidly to $X in 2022, falling by X% against the previous year. The total consumption indicated a modest increase 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. Over the period under review, the market reached the maximum level at $X in 2021, and then plummeted in the following year.

Production of Turbo-Jets Of A Thrust Exceeding X kN in Australia and Oceania

In value terms, turbo-jet (over X kN) production contracted slightly to $X in 2022 estimated in export price. The total production indicated a pronounced 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, production increased by X% against 2018 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports in Australia and Oceania

After two years of growth, overseas shipments of turbo-jets of a thrust exceeding X kN decreased by X% to X units in 2022. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, turbo-jet (over X kN) exports reduced remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2021, and then reduced markedly in the following year.

Exports by Country

In 2022, New Zealand (X units) represented the major exporter of turbo-jets of a thrust exceeding X kN, generating X% of total exports. Australia (X units) held the second position in the ranking, distantly followed by Fiji (X units) and Papua New Guinea (X units). All these countries together held approx. X% share of total exports.

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

In value terms, New Zealand ($X), Australia ($X) and Papua New Guinea ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Papua New Guinea, with a CAGR of X%, saw the highest rates of growth with regard to 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 Australia and Oceania stood at $X per unit in 2022, flattening at the previous year. In general, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2021, and then fell slightly in the following year.

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 Australia ($X,678 per unit), while Fiji ($X per unit) was amongst the lowest.

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

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports in Australia and Oceania

In 2022, the amount of turbo-jets of a thrust exceeding X kN imported in Australia and Oceania fell sharply to X units, waning by X% compared with the year before. Overall, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The volume of import peaked at X units in 2021, and then dropped notably in the following year.

In value terms, turbo-jet (over X kN) imports declined markedly to $X in 2022. Total imports indicated a perceptible 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. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

New Zealand (X units) and Australia (X units) dominates imports structure, together comprising X% of total imports. French Polynesia (X units), New Caledonia (X units) and Papua New Guinea (X units) followed a long way behind the leaders.

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

In value terms, the largest turbo-jet (over X kN) importing markets in Australia and Oceania were New Zealand ($X), Australia ($X) and New Caledonia ($X), with a combined X% share of total imports.

New Caledonia, with a CAGR of X%, saw the highest rates of growth with regard to 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 Australia and Oceania stood at $X,940 per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Caledonia ($X,066 per unit), while French Polynesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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