Sweden: 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 Sweden

The Swedish aircraft internal combustion engine market dropped rapidly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, showed strong growth. Over the period under review, the market hit record highs at $X in 2021, and then declined markedly in the following year.

Production of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Sweden

In value terms, aircraft internal combustion engine production fell slightly to $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2022: its value 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, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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

Exports from Sweden

Aircraft internal combustion engine exports from Sweden declined dramatically to X units in 2022, shrinking by X% against the previous year's figure. In general, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, aircraft internal combustion engine exports fell rapidly to $X in 2022. Over the period under review, exports continue to indicate a sharp reduction. 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 United States (X units), the United Arab Emirates (X units) and Norway (X units) were the main destinations of aircraft internal combustion engine exports from Sweden, with a combined X% share of total exports. Serbia, the UK, Saudi Arabia, Argentina and Iceland lagged somewhat behind, together accounting for a further X%. Moreover, aircraft internal combustion engine exports in the United States exceeded the figures recorded by the second-largest exporter, the United Arab Emirates, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), the United States ($X) and Serbia ($X) constituted the largest markets for aircraft internal combustion engine exported from Sweden worldwide, with a combined X% share of total exports. The UK, Norway, Saudi Arabia, Argentina and Iceland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Saudi Arabia, 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 mixed trend patterns.

Export Prices by Country

The average aircraft internal combustion engine export price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Iceland ($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 South Africa (X.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Sweden

Aircraft internal combustion engine imports into Sweden plummeted to X units in 2022, which is down by X% on 2021. Over the period under review, imports, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then declined dramatically in the following year.

In value terms, aircraft internal combustion engine imports contracted significantly to $X in 2022. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank dramatically in the following year.

Imports by Country

The Philippines (X units), the United States (X units) and Denmark (X units) were the main suppliers of aircraft internal combustion engine imports to Sweden, with a combined X% share of total imports.

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

In value terms, the United States ($X) constituted the largest supplier of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft to Sweden, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

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

Import Prices by Country

The average aircraft internal combustion engine import price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price recorded a abrupt slump. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 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 UK ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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