South-Eastern Asia: Market for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft 2024

Market Size for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in South-Eastern Asia

The Southeast Asian aircraft internal combustion engine market fell dramatically to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a deep contraction. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

Production of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in South-Eastern Asia

In value terms, aircraft internal combustion engine production reached $X in 2022 estimated in export price. Overall, production recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Exports in South-Eastern Asia

In 2022, approx. X units of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft were exported in South-Eastern Asia; picking up by X% against the previous year. Overall, exports posted a buoyant increase. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, aircraft internal combustion engine exports skyrocketed to $X in 2022. Over the period under review, exports recorded mild growth. The growth pace was the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. Singapore (X units) took a relatively small share of total exports.

Thailand was also the fastest-growing in terms of the spark-ignition reciprocating or rotary internal combustion piston engines for aircraft exports, with a CAGR of X% from 2012 to 2022. Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Thailand ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price faced a deep setback. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Thailand amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%).

Imports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Imports in South-Eastern Asia

In 2022, purchases abroad of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft was finally on the rise to reach X units after three years of decline. In general, imports posted a tangible increase. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, aircraft internal combustion engine imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a perceptible increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X units) was the largest importer of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft, making up X% of total imports. It was distantly followed by Vietnam (X units), the Philippines (X units), Singapore (X units) and Indonesia (X units), together generating a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to aircraft internal combustion engine imports into Thailand stood at X%. At the same time, the Philippines (X%), Singapore (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) illustrated a downward trend over the same period. The Philippines (X p.p.), Thailand (X p.p.) and Singapore (X p.p.) significantly strengthened its position in terms of the total imports, while Indonesia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported spark-ignition reciprocating or rotary internal combustion piston engines for aircraft in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore stood at X%. In the other countries, the average annual rates were as follows: the Philippines (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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