Europe: 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 Europe

In 2022, the Europe aircraft internal combustion engine market increased by X% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

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

In value terms, aircraft internal combustion engine production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports in Europe

In 2022, shipments abroad of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft decreased by X% to X units, falling for the third consecutive year after two years of growth. Over the period under review, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aircraft internal combustion engine exports rose notably to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Italy (X units) represented the largest exporter of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft, generating X% of total exports. The UK (X units) ranks second in terms of the total exports with a X% share, followed by Austria (X%) and the Czech Republic (X%).

Italy experienced a relatively flat trend pattern with regard to volume of exports of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft. At the same time, the Czech Republic (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, Austria (X%) and the UK (X%) illustrated a downward trend over the same period. Italy (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Austria and the UK saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Austria ($X) remains the largest aircraft internal combustion engine supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

In Austria, aircraft internal combustion engine exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price showed measured growth. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Austria ($X per unit), while Italy ($X per unit) was amongst the lowest.

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

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

Imports in Europe

In 2022, overseas purchases of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, aircraft internal combustion engine imports soared to $X in 2022. Over the period under review, imports posted buoyant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The UK represented the main importing country with an import of around X units, which amounted to X% of total imports. It was distantly followed by Russia (X units) and the Czech Republic (X units), together committing a X% share of total imports. The Netherlands (X units) and Belgium (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to aircraft internal combustion engine imports into the UK stood at X%. At the same time, Belgium (X%), the Netherlands (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Russia experienced a relatively flat trend pattern. While the share of Russia (X p.p.), the Czech Republic (X p.p.), the Netherlands (X p.p.) and Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the UK (X p.p.) displayed negative dynamics.

In value terms, the UK ($X) constitutes the largest market for imported spark-ignition reciprocating or rotary internal combustion piston engines for aircraft in Europe, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

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

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, shrinking by X% against the previous year. In general, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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