Germany: Overview of the Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2021

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

In 2020, after two years of decline, there was significant growth in the German turbo-jet (under X kn) market, when its value increased by X% to $X. Over the period under review, consumption, however, faced a sharp setback. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

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

In value terms, turbo-jet (under X kn) production reduced to $X in 2020 estimated in export prices. In general, production, however, faced a sharp curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

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

Exports from Germany

In 2020, overseas shipments of turbo-jets of a thrust not exceeding X kn increased by X% to X units, rising for the second consecutive year after five years of decline. Over the period under review, exports, however, continue to indicate a deep downturn. Exports peaked at X units in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, turbo-jet (under X kn) exports soared to $X in 2020. Overall, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Exports peaked at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

China (X units), Canada (X units) and the U.S. (X units) were the main destinations of turbo-jet (under X kn) exports from Germany, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in China, while shipments for the other leaders experienced mixed trend patterns.

In value terms, the U.S. ($X) emerged as the key foreign market for turbo-jet (under X kn) exports from Germany, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and China (+X% per year).

Export Prices by Country

The average turbo-jet (under X kn) export price stood at $X per unit in 2020, waning by -X% against the previous year. Over the period under review, the export price, however, recorded a prominent expansion. The growth pace was the most rapid in 2014 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Germany

In 2020, after three years of decline, there was significant growth in purchases abroad of turbo-jets of a thrust not exceeding X kn, when their volume increased by X% to X units. In general, imports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, turbo-jet (under X kn) imports skyrocketed to $X in 2020. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. From 2017 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, the U.S. (X units) constituted the largest turbo-jet (under X kn) supplier to Germany, accounting for a X% share of total imports. Moreover, turbo-jet (under X kn) imports from the U.S. exceeded the figures recorded by the second-largest supplier, Canada (X units), fourfold.

From 2007 to 2020, the average annual growth rate of volume from the U.S. was relatively modest.

In value terms, the largest turbo-jet (under X kn) suppliers to Germany were the U.S. ($X) and Canada ($X), together accounting for X% of total imports.

Canada saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average turbo-jet (under X kn) import price stood at $X per unit in 2020, leveling off at the previous year. Overall, the import price continues to indicate a slight contraction. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per unit in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per unit), while the price for the U.S. stood at $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for turbo-jets of a thrust not exceeding 25 kn in the world?

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The country with the largest volume of turbo-jet (under 25 kn) consumption was Jordan (645K units), accounting for 88% of total volume. Moreover, turbo-jet (under 25 kn) consumption in Jordan exceeded the figures recorded by the second-largest consumer, Thailand (27K units), more than tenfold.

What are the largest producers of turbo-jets of a thrust not exceeding 25 kn in the world?

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The countries with the highest volumes of turbo-jet (under 25 kn) production in 2020 were the UK (10K units), Oman (9.2K units) and South Africa (4.1K units), together accounting for 69% of global production.

What are the leading suppliers of turbo-jets of a thrust not exceeding 25 kn to Germany?

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In value terms, the U.S. ($40M) and Canada ($35M) appeared to be the largest turbo-jet (under 25 kn) suppliers to Germany, together accounting for 99% of total imports.

What are the leading importers of turbo-jets of a thrust not exceeding 25 kn from Germany?

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In value terms, the U.S. ($20M) emerged as the key foreign market for turbo-jet (under 25 kn) exports from Germany, comprising 56% of total exports. The second position in the ranking was occupied by Canada ($6.2M), with a 18% share of total exports.

What is the average export price for turbo-jets of a thrust not exceeding 25 kn in Germany?

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In 2020, the average turbo-jet (under 25 kn) export price amounted to $34,947 per unit, which is down by -69.3% against the previous year.

What is the average import price for turbo-jets of a thrust not exceeding 25 kn in Germany?

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In 2020, the average turbo-jet (under 25 kn) import price amounted to $49,936 per unit, remaining constant against the previous year.