Europe: 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 Europe

The Europe turbo-jet (under X kN) market expanded modestly to $X in 2022, picking up by X% against the previous year. In general, consumption saw a significant expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

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

In value terms, turbo-jet (under X kN) production totaled $X in 2022 estimated in export price. Overall, production showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports in Europe

In 2022, overseas shipments of turbo-jets of a thrust not exceeding X kN decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then declined notably in the following year.

In value terms, turbo-jet (under X kN) exports dropped rapidly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

In 2022, Belgium (X units), the UK (X units) and Russia (X units) represented the main exporter of turbo-jets of a thrust not exceeding X kN in Europe, making up X% of total export. Germany (X units) took the next position in the ranking, followed by Ukraine (X units) and the Netherlands (X units). All these countries together held near X% share of total exports. France (X units) held a relatively small share of total exports.

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

In value terms, the largest turbo-jet (under X kN) supplying countries in Europe were the UK ($X), Ukraine ($X) and Germany ($X), with a combined X% share of total exports. France, Belgium, the Netherlands and Russia lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 Europe amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

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

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

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

Imports in Europe

In 2022, turbo-jet (under X kn) imports in Europe contracted significantly to X units, which is down by X% against the previous year. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then contracted dramatically in the following year.

In value terms, turbo-jet (under X kN) imports reduced slightly to $X in 2022. In general, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the UK (X units) and the Netherlands (X units) were the main importers of turbo-jets of a thrust not exceeding X kN in Europe, together amounting to near X% of total imports. Germany (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Switzerland (X%) and France (X%). The following importers - Ireland (X units), Serbia (X units), Norway (X units), Russia (X units), the Czech Republic (X units) and Spain (X units) - together made up X% of total imports.

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

In value terms, the largest turbo-jet (under X kN) importing markets in Europe were the UK ($X), Germany ($X) and Switzerland ($X), together accounting for X% of total imports. France, the Netherlands, Spain, Norway, the Czech Republic, Ireland, Russia and Serbia lagged somewhat behind, together accounting for a further X%.

Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, with an increase of X% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price 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. The level of import peaked at $X per unit in 2016; however, from 2017 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 Spain ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :