Eastern Asia: Helicopter Market 2024

Helicopter Market Size in Eastern Asia

In 2022, the East Asian helicopter market decreased by X% to $X, falling for the second consecutive year after two years of growth. The total consumption indicated a slight expansion 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Helicopter Production in Eastern Asia

In value terms, helicopter production rose remarkably to $X in 2022 estimated in export price. Overall, production enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in the near future.

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Helicopter Exports

Exports in Eastern Asia

In 2022, after two years of decline, there was significant decline in overseas shipments of civil helicopters, when their volume decreased by X% to X units. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, helicopter exports dropped notably to $X in 2022. Over the period under review, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR was the key exporting country with an export of about X units, which finished at X% of total exports. China (X units) ranks second in terms of the total exports with a X% share, followed by Japan (X%) and South Korea (X%). Macao SAR (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to helicopter exports from Hong Kong SAR stood at X%. At the same time, Macao SAR (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) and China (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea, Hong Kong SAR and Macao SAR increased by X, X and X percentage points, respectively.

In value terms, China ($X), South Korea ($X) and Hong Kong SAR ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Japan and Macao SAR lagged somewhat behind, together accounting for a further X%.

Macao SAR, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X,687 per unit, with a decrease of X% against the previous year. Overall, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X,221 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X,905 per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Helicopter Imports

Imports in Eastern Asia

In 2022, overseas purchases of civil helicopters decreased by X% to X units, falling for the third consecutive year after two years of growth. Overall, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, helicopter imports rose significantly to $X in 2022. Total imports indicated strong 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, imports decreased by X% against 2014 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) was the major importing country with an import of about X units, which recorded X% of total imports. China (X units) held the second position in the ranking, followed by South Korea (X units) and Japan (X units). All these countries together took near X% share of total imports.

Taiwan (Chinese) was also the fastest-growing in terms of the civil helicopters imports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%) displayed positive paces of growth. By contrast, China (X%) and Japan (X%) illustrated a downward trend over the same period. Taiwan (Chinese) (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while China and Japan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported civil helicopters in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with an X% share of total imports. It was followed by South Korea, with a X% share.

In China, helicopter imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X,167 per unit in 2022, growing by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 when the import price increased by X%. The level of import peaked at $X,922 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X,298 per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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