South-Eastern Asia: Market for Turbo-Propellers Of A Power Not Exceeding 1,100 kW 2024

Market Size for Turbo-Propellers Of A Power Not Exceeding 1,100 kW in South-Eastern Asia

The Southeast Asian turbo-propeller (under X kW) market fell to $X in 2023, declining by X% against the previous year. Over the period under review, consumption recorded a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Turbo-Propellers Of A Power Not Exceeding X kW in South-Eastern Asia

In value terms, turbo-propeller (under X kW) production declined to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared 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 2023, production growth remained at a somewhat lower figure.

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Exports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Exports in South-Eastern Asia

In 2023, the amount of turbo-propellers of a power not exceeding X kW exported in South-Eastern Asia declined remarkably to X units, falling by X% compared with 2022 figures. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked at X units in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, turbo-propeller (under X kW) exports dropped rapidly to $X in 2023. In general, exports recorded a perceptible downturn. The growth pace was the most rapid in 2013 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Singapore (X units) and Vietnam (X units) represented the main exporters of turbo-propellers of a power not exceeding X kW in South-Eastern Asia, together recording near X% of total exports. It was distantly followed by Indonesia (X units), constituting an X% share of total exports. Malaysia (X units) held a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the largest turbo-propeller (under X kW) supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

In Singapore, turbo-propeller (under X kW) exports decreased by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per unit, which is down by X% against the previous year. In general, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2018 an increase of X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Imports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Imports in South-Eastern Asia

In 2023, approx. X units of turbo-propellers of a power not exceeding X kW were imported in South-Eastern Asia; which is down by X% on the previous year's figure. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, turbo-propeller (under X kW) imports dropped rapidly to $X in 2023. In general, imports faced a deep reduction. The growth pace was the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Singapore (X units) represented the largest importer of turbo-propellers of a power not exceeding X kW, constituting X% of total imports. It was distantly followed by Indonesia (X units), Thailand (X units), the Philippines (X units) and Vietnam (X units), together making up a X% share of total imports. Malaysia (X units) and Brunei Darussalam (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to turbo-propeller (under X kW) imports into Singapore stood at X%. At the same time, Thailand (X%), Brunei Darussalam (X%), the Philippines (X%), Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2023. By contrast, Vietnam (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Thailand, Indonesia, the Philippines, Vietnam, Malaysia and Brunei Darussalam increased by X, X, X, X, X and X percentage points, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported turbo-propellers of a power not exceeding X kW in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

In Singapore, turbo-propeller (under X kW) imports plunged by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2023, the import price in South-Eastern Asia amounted to $X per unit, which is down by X% against the previous year. Overall, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2022, and then declined sharply in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform