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

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

The Asian turbo-jet (over X kN) market surged to $X in 2022, jumping by X% against the previous year. In general, consumption recorded resilient growth. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

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

In value terms, turbo-jet (over X kN) production amounted to $X in 2022 estimated in export price. Over the period under review, production enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports in Asia

In 2022, exports of turbo-jets of a thrust exceeding X kN in Asia surged to X units, picking up by X% on the year before. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, turbo-jet (over X kN) exports surged to $X in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The biggest shipments were from Indonesia (X units), Hong Kong SAR (X units) and Singapore (X units), together reaching X% of total export. India (X units) ranks next in terms of the total exports with a X% share, followed by the United Arab Emirates (X%) and Turkey (X%). Azerbaijan (X units) held a relatively small share of total exports.

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

In value terms, the largest turbo-jet (over X kN) supplying countries in Asia were Hong Kong SAR ($X), Singapore ($X) and India ($X), together comprising X% of total exports. The United Arab Emirates, Turkey, Azerbaijan and Indonesia lagged somewhat behind, together accounting for a further X%.

Azerbaijan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X,704 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X,096 per unit), while Indonesia ($X per unit) was amongst the lowest.

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

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports in Asia

After two years of decline, supplies from abroad of turbo-jets of a thrust exceeding X kN increased by X% to X units in 2022. Overall, imports enjoyed a strong increase. 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 skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The Philippines represented the major importer of turbo-jets of a thrust exceeding X kN in Asia, with the volume of imports reaching X units, which was near X% of total imports in 2022. Hong Kong SAR (X units) ranks second in terms of the total imports with a X% share, followed by Singapore (X%), India (X%) and the United Arab Emirates (X%). The following importers - Japan (X units) and Taiwan (Chinese) (X units) - each recorded a X% share of total imports.

The Philippines 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 2022. At the same time, India (X%), Singapore (X%), Taiwan (Chinese) (X%), Hong Kong SAR (X%), the United Arab Emirates (X%) and Japan (X%) displayed positive paces of growth. While the share of the Philippines (X p.p.), Singapore (X p.p.) and India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (X p.p.), the United Arab Emirates (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X), Singapore ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. India, Japan, Taiwan (Chinese) and the Philippines lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X,284 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X,531 per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :