Belgium: Helicopter Market 2024

Helicopter Market Size in Belgium

In 2022, after three years of decline, there was significant growth in the Belgian helicopter market, when its value increased by X% to $X. Overall, consumption enjoyed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Helicopter Production in Belgium

In value terms, helicopter production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Helicopter Exports

Exports from Belgium

For the fourth consecutive year, Belgium recorded growth in shipments abroad of civil helicopters, which increased by X% to X units in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, helicopter exports declined rapidly to $X in 2022. In general, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. 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

Austria (X units), Japan (X units) and Vietnam (X units) were the main destinations of helicopter exports from Belgium, with a combined X% share of total exports.

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

In value terms, Austria ($X) remains the key foreign market for civil helicopters exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Austria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average helicopter export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price saw a precipitous descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X,303 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Vietnam ($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 Israel (X%), while the prices for the other major destinations experienced a decline.

Helicopter Imports

Imports into Belgium

In 2022, supplies from abroad of civil helicopters increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, helicopter imports dropped sharply to $X in 2022. Overall, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest helicopter supplier to Belgium, accounting for a X% share of total imports. Moreover, helicopter imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Cote d'Ivoire (X% per year).

In value terms, Italy ($X), the Netherlands ($X) and Cote d'Ivoire ($X) were the largest helicopter suppliers to Belgium, with a combined X% share of total imports.

Among the main suppliers, Italy, 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 mixed trend patterns.

Import Prices by Country

The average helicopter import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price recorded a significant curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X,803 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Cote d'Ivoire ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :