Overview of the Global Market for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Market Size for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

The global aircraft internal combustion engine market contracted to $X in 2022, dropping by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the global market failed to regain momentum.

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

In value terms, aircraft internal combustion engine production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, global 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

After two years of decline, overseas shipments of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft increased by X% to X units in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the global exports failed to regain momentum.

In value terms, aircraft internal combustion engine exports soared to $X in 2022. Over the period under review, exports posted a mild increase. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the global exports remained at a somewhat lower figure.

Exports by Country

Thailand was the key exporting country with an export of around X units, which recorded X% of total exports. Italy (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Oman (X%), the UK (X%) and the United States (X%). The following exporters - India (X units), Australia (X units), Austria (X units), Canada (X units) and the Czech Republic (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to aircraft internal combustion engine exports from Thailand stood at X%. At the same time, Oman (X%), India (X%), Canada (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Italy and the United States experienced a relatively flat trend pattern. By contrast, Australia (X%), Austria (X%) and the UK (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.), Oman (X p.p.) and India (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Austria (X p.p.) and the UK (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest aircraft internal combustion engine supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the United States ($X), with a X% share of global exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Thailand amounted to X%. In the other countries, the average annual rates were as follows: the United States (X% per year) and Oman (X% per year).

Export Prices by Country

The average aircraft internal combustion engine export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed modest growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then declined notably in the following year.

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 the United States ($X per unit), while Italy ($X per unit) was amongst the lowest.

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

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

Imports

In 2022, purchases abroad of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. Global imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, aircraft internal combustion engine imports surged to $X in 2022. Over the period under review, imports saw a temperate increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Global imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X units), followed by the United Arab Emirates (X units), the United States (X units), Russia (X units), Canada (X units), Free Zones (X units) and Jordan (X units) represented the major importers of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft, together comprising X% of total imports. Oman (X units), Thailand (X units), Brazil (X units), South Africa (X units), the Czech Republic (X units) and Vietnam (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Free Zones (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest aircraft internal combustion engine importing markets worldwide were the United Arab Emirates ($X), Oman ($X) and Jordan ($X), together comprising X% of global imports. Thailand, the UK, the United States, South Africa, Vietnam, Canada, Russia, Brazil, the Czech Republic and Free Zones lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aircraft internal combustion engine import price amounted to $X per unit, falling by X% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price 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. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Oman ($X per unit), while Free Zones ($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 other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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