Russian Federation: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in the Russian Federation

The Russian turbo-jet (over X kN) market reduced to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, showed resilient growth. Turbo-jet (over X kN) consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Turbo-Jets Of A Thrust Exceeding X kN in the Russian Federation

In value terms, turbo-jet (over X kN) production declined to $X in 2022 estimated in export price. In general, production, however, saw prominent growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from the Russian Federation

In 2022, approx. X units of turbo-jets of a thrust exceeding X kN were exported from Russia; which is down by X% compared with the previous year's figure. In general, exports recorded a noticeable setback. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, turbo-jet (over X kN) exports reduced notably to $X in 2022. Over the period under review, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Hong Kong SAR (X units) and Azerbaijan (X units) were the main destinations of turbo-jet (over X kN) exports from Russia, with a combined X% share of total exports.

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

In value terms, Hong Kong SAR ($X) remains the key foreign market for turbo-jets of a thrust exceeding X kN exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Azerbaijan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Azerbaijan (X% per year).

Export Prices by Country

The average turbo-jet (over X kN) export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, export price indicated buoyant growth 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. Based on 2022 figures, turbo-jet (over X kN) export price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Ukraine ($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 Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into the Russian Federation

In 2022, purchases abroad of turbo-jets of a thrust exceeding X kN decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, turbo-jet (over X kN) imports fell sharply to $X in 2022. In general, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

In 2022, Hong Kong SAR (X units) constituted the largest supplier of turbo-jet (over X kN) to Russia, accounting for a X% share of total imports. Moreover, turbo-jet (over X kN) imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, Azerbaijan (X units), twofold. The third position in this ranking was held by Finland (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hong Kong SAR stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Azerbaijan (X% per year) and Finland (X% per year).

In value terms, Hong Kong SAR ($X) constituted the largest supplier of turbo-jets of a thrust exceeding X kN to Russia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with an X% share of total imports. It was followed by Azerbaijan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hong Kong SAR totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

The average turbo-jet (over X kN) import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X,268 per unit in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X,310 per unit), while the price for Azerbaijan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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