Overview of the Global Market for Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Market Size for Turbo-Propellers Of A Power Not Exceeding 1,100 kW

The global turbo-propeller (under X kW) market was estimated at $X in 2023, picking up by X% against the previous year. In general, consumption, however, recorded a mild downturn. The pace of growth was the most pronounced in 2022 with an increase of X%. Global consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Turbo-Propellers Of A Power Not Exceeding X kW

In value terms, turbo-propeller (under X kW) production shrank modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2023, global production growth remained at a lower figure.

Exports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Exports

In 2023, after three years of growth, there was significant decline in overseas shipments of turbo-propellers of a power not exceeding X kW, when their volume decreased by X% to X units. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when exports increased by X%. As a result, the exports reached the peak of X units, and then dropped rapidly in the following year.

In value terms, turbo-propeller (under X kW) exports shrank to $X in 2023. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the global exports remained at a lower figure.

Exports by Country

In 2023, Canada (X units) was the major exporter of turbo-propellers of a power not exceeding X kW, creating X% of total exports. Portugal (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Sweden (X%), the United States (X%) and the Czech Republic (X%). The following exporters - Luxembourg (X units), Guatemala (X units), Ukraine (X units), the UK (X units) and Germany (X units) - together made up X% of total exports.

Exports from Canada decreased at an average annual rate of X% from 2012 to 2023. At the same time, Luxembourg (X%), Guatemala (X%), Portugal (X%), Sweden (X%), Ukraine (X%), the Czech Republic (X%) and the UK (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The United States experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. Portugal (X p.p.), Sweden (X p.p.), the Czech Republic (X p.p.), Luxembourg (X p.p.), Guatemala (X p.p.) and Ukraine (X p.p.) significantly strengthened its position in terms of the global exports, while Canada saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest turbo-propeller (under X kW) supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the United States ($X), with a X% share of global exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Canada was relatively modest. In the other countries, the average annual rates were as follows: the United States (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average turbo-propeller (under X kW) export price stood at $X per unit in 2023, increasing by X% against the previous year. In general, export price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, turbo-propeller (under X kW) export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The global export price peaked at $X per unit in 2019; however, from 2020 to 2023, the export prices stood at a somewhat 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 Germany ($X per unit), while Guatemala ($X per unit) was amongst the lowest.

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

Imports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Imports

In 2023, approx. X units of turbo-propellers of a power not exceeding X kW were imported worldwide; picking up by X% compared with the previous year's figure. Over the period under review, imports, however, saw a abrupt slump. Over the period under review, global imports reached the maximum at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, turbo-propeller (under X kW) imports shrank modestly to $X in 2023. In general, imports, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Global imports peaked at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of turbo-propellers of a power not exceeding X kW, namely Panama, the United States and Luxembourg, represented more than half of total import. Sweden (X units) ranks next in terms of the total imports with a X% share, followed by Italy (X%). The following importers - Germany (X units), the UK (X units), Switzerland (X units), France (X units), Colombia (X units) and Australia (X units) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported turbo-propellers of a power not exceeding X kW worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by Switzerland, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: Germany (X% per year) and Switzerland (X% per year).

Import Prices by Country

In 2023, the average turbo-propeller (under X kW) import price amounted to $X per unit, which is down by X% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the average import price increased by X%. Global import price peaked at $X per unit in 2022, and then dropped dramatically in the following year.

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 Germany ($X per unit), while Panama ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform