EU: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in the EU

In 2023, the EU turbo-jet (over X kN) market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption enjoyed a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Turbo-Jets Of A Thrust Exceeding X kN in the EU

In value terms, turbo-jet (over X kN) production reduced modestly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports in the EU

In 2023, shipments abroad of turbo-jets of a thrust exceeding X kN increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, turbo-jet (over X kN) exports skyrocketed to $X in 2023. Over the period under review, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in years to come.

Exports by Country

The Netherlands was the major exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Spain (X units) and France (X units), together mixing up a X% share of total exports. Germany (X units) and Ireland (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, France ($X) remains the largest turbo-jet (over X kN) supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

In France, turbo-jet (over X kN) exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Germany (X% per year) and Spain (X% per year).

Export Prices by Country

The export price in the European Union stood at $X,843 per unit in 2023, with a decrease of X% against the previous year. Over the period under review, the export price, however, posted a perceptible expansion. The growth pace was the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X,184 per unit in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was France ($X,383 per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports in the EU

In 2023, supplies from abroad of turbo-jets of a thrust exceeding X kN increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, turbo-jet (over X kN) imports rose markedly to $X in 2023. In general, imports recorded a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2023. It was distantly followed by the Netherlands (X units), mixing up a X% share of total imports. France (X units) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the turbo-jets of a thrust exceeding X kN imports, with a CAGR of X% from 2012 to 2023. At the same time, the Netherlands (X%) displayed positive paces of growth. By contrast, France (X%) illustrated a downward trend over the same period. Poland (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while France saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, France ($X) constitutes the largest market for imported turbo-jets of a thrust exceeding X kN in the European Union, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in France totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2023, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2020 when the import price increased by X%. The level of import peaked at $X,680 per unit in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was France ($X,866 per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform