Singapore: 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 Singapore

In 2022, after two years of decline, there was growth in the Singaporean turbo-jet (under X kN) market, when its value increased by X% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, turbo-jet (under X kN) production amounted to less than $X in 2022 estimated in export price. Over the period under review, production saw resilient growth. The growth pace was the most rapid in 2016 with an increase of X,060,400% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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

Exports from Singapore

In 2022, the amount of turbo-jets of a thrust not exceeding X kN exported from Singapore dropped markedly to X units, shrinking by X% compared with the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, turbo-jet (under X kN) exports fell rapidly to $X in 2022. Over the period under review, exports, however, showed strong growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for turbo-jet (under X kN) exports from Singapore, with a X% share of total exports. Moreover, turbo-jet (under X kN) exports to the United States exceeded the volume sent to the second major destination, India (X units), threefold. The third position in this ranking was taken by Nepal (X units), with a X% share.

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

In value terms, the United States ($X) remains the key foreign market for turbo-jets of a thrust not exceeding X kN exports from Singapore, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by Nepal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Nepal (X% per year).

Export Prices by Country

The average turbo-jet (under X kN) export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, export price indicated a notable increase 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 pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($X per unit), while the average price for exports to Malaysia ($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 Philippines (X%), 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 Singapore

In 2022, imports of turbo-jets of a thrust not exceeding X kN into Singapore dropped dramatically to X units, waning by X% on the previous year's figure. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, turbo-jet (under X kN) imports shrank notably to $X in 2022. Overall, imports showed a slight decrease. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Canada (X units) constituted the largest turbo-jet (under X kN) supplier to Singapore, with a X% share of total imports. Moreover, turbo-jet (under X kN) imports from Canada exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was held by India (X units), with a X% share.

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

In value terms, Canada ($X) constituted the largest supplier of turbo-jets of a thrust not exceeding X kN to Singapore, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average turbo-jet (under X kN) import price amounted to $X per unit, with a decrease of X% against the previous year. In general, import price indicated measured 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 (under X kN) import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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