Canada: Helicopter Market 2024

Helicopter Market Size in Canada

In 2022, the Canadian helicopter market decreased by X% to $X, falling for the fifth year in a row after six years of growth. Over the period under review, consumption, however, continues to indicate a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Helicopter Production in Canada

In value terms, helicopter production fell modestly to $X in 2022 estimated in export price. In general, production saw a pronounced decline. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Helicopter Exports

Exports from Canada

Helicopter exports from Canada fell dramatically to X units in 2022, with a decrease of X% on the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, helicopter exports soared to $X in 2022. Over the period under review, exports continue to indicate a noticeable shrinkage. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for helicopter exports from Canada, with a X% share of total exports. Moreover, helicopter exports to the United States exceeded the volume sent to the second major destination, China (X units), sevenfold. The third position in this ranking was taken by New Zealand (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and New Zealand (X% per year).

In value terms, the United States ($X) remains the key foreign market for civil helicopters exports from Canada, comprising X% of total exports. The second position in the ranking was taken by China ($X), with an X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Australia (X% per year).

Export Prices by Country

In 2022, the average helicopter export price amounted to $X,780 per unit, jumping by X% against the previous year. In general, the export price, however, continues to indicate a perceptible setback. Over the period under review, the average export prices hit record highs at $X,088 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X,338 per unit), while the average price for exports to Ecuador ($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.

Helicopter Imports

Imports into Canada

Helicopter imports into Canada skyrocketed to X units in 2022, increasing by X% compared with 2021. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, helicopter imports expanded notably to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X units), Switzerland (X units) and Germany (X units) were the main suppliers of helicopter imports to Canada, together comprising X% of total imports. The UK, France, Norway and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Germany ($X) constituted the largest helicopter suppliers to Canada, with a combined X% share of total imports. Norway, the UK, Switzerland and China lagged somewhat behind, together comprising a further X%.

Norway, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average helicopter import price amounted to $X per unit, reducing by X% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X,709 per unit in 2014; however, from 2015 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 France ($X,122 per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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