Austria: Market for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft 2024

Market Size for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Austria

In 2022, the Austrian aircraft internal combustion engine market decreased by X% to $X, falling for the second consecutive year after nine years of growth. In general, consumption, however, saw a strong increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Austria

In value terms, aircraft internal combustion engine production rose remarkably to $X in 2022 estimated in export price. In general, production continues to indicate resilient growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Exports from Austria

In 2022, overseas shipments of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, showed a abrupt setback. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aircraft internal combustion engine exports soared to $X in 2022. Overall, total exports indicated buoyant growth 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, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

Italy (X units), Germany (X units) and Bahamas (X units) were the main destinations of aircraft internal combustion engine exports from Austria, with a combined X% share of total exports. The Czech Republic, the UK, Israel, Hong Kong SAR, France, Slovenia, South Africa, Poland, Australia and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Germany ($X) and Bahamas ($X) were the largest markets for aircraft internal combustion engine exported from Austria worldwide, with a combined X% share of total exports. The Czech Republic, Israel, the UK, Hong Kong SAR, France, South Africa, Slovenia, Poland, Australia and Russia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average aircraft internal combustion engine export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked at $X per unit in 2021, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to Bahamas ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Imports into Austria

In 2022, approx. X units of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft were imported into Austria; waning by X% on the previous year's figure. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, aircraft internal combustion engine imports fell to $X in 2022. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X units), Germany (X units) and Israel (X units) were the main suppliers of aircraft internal combustion engine imports to Austria, together comprising X% of total imports.

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

In value terms, the United States ($X), Germany ($X) and Ukraine ($X) constituted the largest aircraft internal combustion engine suppliers to Austria, with a combined X% share of total imports. Israel, Denmark, Colombia, South Africa, Norway, South Korea and Saudi Arabia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Israel, with a CAGR of X%, recorded the highest growth rate of 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 average aircraft internal combustion engine import price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price posted prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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