Russian Federation: 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 the Russian Federation

The Russian turbo-jet (under X kN) market expanded notably to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption recorded a significant increase. Over the period under review, the market hit record highs 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 the Russian Federation

In value terms, turbo-jet (under X kN) production rose significantly to $X in 2022 estimated in export price. Over the period under review, production recorded significant growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports from the Russian Federation

In 2022, exports of turbo-jets of a thrust not exceeding X kN from Russia soared to X units, with an increase of X% on the previous year's figure. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, turbo-jet (under X kN) exports skyrocketed to $X in 2022. In general, exports, however, faced a sharp shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units), China (X units) and Kazakhstan (X units) were the main destinations of turbo-jet (under X kN) exports from Russia, together comprising X% of total exports.

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

In value terms, the largest markets for turbo-jet (under X kN) exported from Russia were the United Arab Emirates ($X), China ($X) and Kazakhstan ($X), together comprising X% of total exports.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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. In general, the export price faced a precipitous contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Kyrgyzstan ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

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

Imports into the Russian Federation

In 2022, supplies from abroad of turbo-jets of a thrust not exceeding X kN decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then reduced sharply in the following year.

In value terms, turbo-jet (under X kN) imports dropped significantly to $X in 2022. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X units), the Czech Republic (X units) and South Korea (X units) were the main suppliers of turbo-jet (under X kN) imports to Russia, with a combined X% share of total imports. China lagged somewhat behind, comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest turbo-jet (under X kN) suppliers to Russia were the Czech Republic ($X), China ($X) and South Korea ($X), together accounting for X% of total imports.

Among the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average turbo-jet (under X kN) import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Turkey ($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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