EU: Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in the EU

The EU turbo-jet (under X kN) market declined significantly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a pronounced shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Turbo-Jets Of A Thrust Not Exceeding X kN in the EU

In value terms, turbo-jet (under X kN) production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports in the EU

In 2022, approx. X units of turbo-jets of a thrust not exceeding X kN were exported in the European Union; surging by X% compared with 2021 figures. In general, exports, however, showed a perceptible setback. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, turbo-jet (under X kN) exports fell to $X in 2022. Overall, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium was the largest exporter of turbo-jets of a thrust not exceeding X kN in the European Union, with the volume of exports reaching X units, which was near X% of total exports in 2022. Germany (X units) held the second position in the ranking, followed by the Netherlands (X units), France (X units) and Spain (X units). All these countries together held approx. X% share of total exports. The Czech Republic (X units) and Denmark (X units) took a little share of total exports.

Exports from Belgium increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Denmark (X%), the Czech Republic (X%), Spain (X%) and Germany (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium, the Netherlands, Germany, the Czech Republic, Spain and Denmark increased by X, X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest turbo-jet (under X kN) supplying countries in the European Union were Germany ($X), France ($X) and the Czech Republic ($X), together accounting for X% of total exports. Spain, Belgium, Denmark and the Netherlands lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 the European Union amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a somewhat lower figure.

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

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

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports in the EU

In 2022, imports of turbo-jets of a thrust not exceeding X kN in the European Union reduced remarkably to X units, with a decrease of X% compared with 2021. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then contracted dramatically in the following year.

In value terms, turbo-jet (under X kN) imports reduced to $X in 2022. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands represented the major importer of turbo-jets of a thrust not exceeding X kN in the European Union, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Germany (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%) and Ireland (X%). The Czech Republic (X units), Spain (X units), Sweden (X units) and Denmark (X units) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported turbo-jets of a thrust not exceeding X kN in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

In Germany, turbo-jet (under X kN) imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price recorded a modest increase. The level of import peaked at $X per unit in 2016; however, from 2017 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 Spain ($X per unit), while Denmark ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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