Bolivia: 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 Bolivia

The Bolivian aircraft internal combustion engine market soared to $X in 2022, surging by X% against the previous year. Overall, consumption showed a significant expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

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

In value terms, aircraft internal combustion engine production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Aircraft internal combustion engine production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports from Bolivia

In 2022, the amount of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft exported from Bolivia contracted significantly to X units, with a decrease of X% compared with the previous year. Over the period under review, exports faced a abrupt downturn. 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 reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, aircraft internal combustion engine exports shrank sharply to $X in 2022. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

The United States (X units) was the main destination for aircraft internal combustion engine exports from Bolivia, accounting for a approx. X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to the United States stood at X%.

In value terms, the United States ($X) emerged as the key foreign market for spark-ignition reciprocating or rotary internal combustion piston engines for aircraft exports from Bolivia.

From 2013 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2022, the average aircraft internal combustion engine export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then contracted remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

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

Imports into Bolivia

In 2022, approx. X units of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft were imported into Bolivia; with an increase of X% against the year before. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, aircraft internal combustion engine imports expanded remarkably to $X in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X units) and the UK (X units) were the main suppliers of aircraft internal combustion engine imports to Bolivia.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%).

In value terms, the United States ($X) constituted the largest supplier of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft to Bolivia, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%.

Import Prices by Country

The average aircraft internal combustion engine import price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price recorded a significant decrease. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the UK stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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