United Kingdom: 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 the UK

The UK aircraft internal combustion engine market reached $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Aircraft internal combustion engine consumption peaked in 2022 and is expected to retain growth in the immediate term.

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

In value terms, aircraft internal combustion engine production reached $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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

Exports from the UK

In 2022, shipments abroad of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft was finally on the rise to reach X units after two years of decline. In general, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, aircraft internal combustion engine exports declined to $X in 2022. Overall, exports, however, recorded a deep reduction. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for aircraft internal combustion engine exports from the UK, accounting for a X% share of total exports. Moreover, aircraft internal combustion engine exports to the United States exceeded the volume sent to the second major destination, Germany (X units), eightfold. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United Arab Emirates (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for spark-ignition reciprocating or rotary internal combustion piston engines for aircraft exports from the UK, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average aircraft internal combustion engine export price amounted to $X per unit, falling by X% against the previous year. In general, the export price, however, enjoyed a slight increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 ($X per unit), while the average price for exports to Norway ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the UK

In 2022, the amount of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft imported into the UK surged to X units, with an increase of X% compared with 2021 figures. In general, imports, however, recorded a pronounced decline. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, aircraft internal combustion engine imports soared to $X in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest aircraft internal combustion engine supplier to the UK, accounting for a X% share of total imports. Moreover, aircraft internal combustion engine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by Ireland (X units), with an X% share.

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

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

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

Import Prices by Country

In 2022, the average aircraft internal combustion engine import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the United Arab Emirates ($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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