Southern Asia: 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 Southern Asia

The South Asian turbo-jet (under X kN) market dropped markedly to $X in 2022, reducing by X% against the previous year. In general, consumption continues to indicate a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

In value terms, turbo-jet (under X kN) production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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

Exports in Southern Asia

In 2022, turbo-jet (under X kn) exports in Southern Asia shrank remarkably to X units, with a decrease of X% compared with the previous year. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, turbo-jet (under X kN) exports shrank rapidly to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of turbo-jets of a thrust not exceeding X kN, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the turbo-jets of a thrust not exceeding X kN exports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest turbo-jet (under X kN) supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

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

Imports in Southern Asia

In 2022, approx. X units of turbo-jets of a thrust not exceeding X kN were imported in Southern Asia; shrinking by X% on 2021. Over the period under review, imports showed a sharp downturn. The pace of growth was the most pronounced in 2018 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, turbo-jet (under X kN) imports contracted notably to $X in 2022. In general, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India prevails in imports structure, accounting for X units, which was approx. X% of total imports in 2022. It was distantly followed by Nepal (X units) and Bangladesh (X units), together achieving a X% share of total imports. The following importers - Afghanistan (X units), Sri Lanka (X units) and Pakistan (X units) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to turbo-jet (under X kN) imports into India stood at X%. At the same time, Nepal (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Bangladesh (X%), Afghanistan (X%), Sri Lanka (X%) and Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nepal and Bangladesh increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported turbo-jets of a thrust not exceeding X kN in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Nepal ($X), with an X% share of total imports. It was followed by Bangladesh, with a X% share.

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

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the import price showed temperate growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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