Italy: 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 Italy

The Italian turbo-jet (under X kN) market fell to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw a noticeable setback. Turbo-jet (under X kN) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, turbo-jet (under X kN) production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Turbo-jet (under X kN) production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from Italy

In 2022, turbo-jet (under X kn) exports from Italy skyrocketed to X units, increasing by X% compared with the previous year's figure. In general, exports, however, showed a significant decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, turbo-jet (under X kN) exports surged to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan (X units) was the main destination for turbo-jet (under X kN) exports from Italy, accounting for a X% share of total exports. Moreover, turbo-jet (under X kN) exports to Kyrgyzstan exceeded the volume sent to the second major destination, Canada (X units), sixfold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kyrgyzstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United States (X% per year).

In value terms, Canada ($X) emerged as the key foreign market for turbo-jets of a thrust not exceeding X kN exports from Italy, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the average turbo-jet (under X kN) export price amounted to $X per unit, which is down by X% against the previous year. Overall, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then declined rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Italy

For the third consecutive year, Italy recorded decline in overseas purchases of turbo-jets of a thrust not exceeding X kN, which decreased by X% to X units in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, turbo-jet (under X kN) imports fell rapidly to $X in 2022. In general, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest turbo-jet (under X kN) supplier to Italy, with a X% share of total imports. Moreover, turbo-jet (under X kN) imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), twofold. The third position in this ranking was taken by the Czech Republic (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the Czech Republic (X% per year).

In value terms, the United States ($X) constituted the largest supplier of turbo-jets of a thrust not exceeding X kN to Italy, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($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 from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average turbo-jet (under X kN) import price stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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