CIS: Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in CIS

The CIS turbo-jet (under X kN) market amounted to $X in 2022, surging by X% against the previous year. In general, consumption saw significant growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Turbo-Jets Of A Thrust Not Exceeding X kN in CIS

In value terms, turbo-jet (under X kN) production rose notably to $X in 2022 estimated in export price. Overall, production posted significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports in CIS

In 2022, approx. X units of turbo-jets of a thrust not exceeding X kN were exported in the CIS; with an increase of X% on the previous year's figure. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, turbo-jet (under X kN) exports contracted sharply to $X in 2022. Over the period under review, exports, however, faced a dramatic contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of turbo-jets of a thrust not exceeding X kN, namely Russia, represented more than two-thirds of total export.

Russia was also the fastest-growing in terms of the turbo-jets of a thrust not exceeding X kN exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Russia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest turbo-jet (under X kN) supplier in the CIS.

In Russia, turbo-jet (under X kN) exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price saw a dramatic curtailment. The growth pace was the most rapid in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports in CIS

In 2022, purchases abroad of turbo-jets of a thrust not exceeding X kN decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2021, and then contracted markedly in the following year.

In value terms, turbo-jet (under X kN) imports stood at $X in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Azerbaijan dominates imports structure, finishing at X units, which was near X% of total imports in 2022. Russia (X units) held the second position in the ranking, followed by Kyrgyzstan (X units). All these countries together took approx. X% share of total imports. Belarus (X units) followed a long way behind the leaders.

Azerbaijan was also the fastest-growing in terms of the turbo-jets of a thrust not exceeding X kN imports, with a CAGR of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%) and Belarus (X%) displayed positive paces of growth. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Azerbaijan (X p.p.), Kyrgyzstan (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported turbo-jets of a thrust not exceeding X kN in the CIS, comprising X% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total imports. It was followed by Azerbaijan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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