World - Turbo-Jets Of A Thrust Not Exceeding 25 Kn - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTurbo-Jet (Under 25 kN) Market
The article discusses the expected growth in the global market for turbo-jets with a thrust not exceeding 25 kN, forecasting an upward trend in both volume and value terms from 2022 to 2030. It covers consumption trends, production volumes, import and export figures, and key players in the market. Countries like Russia, Japan, and the United States are highlighted for their significant roles in production, consumption, and exports of turbo-jets in this segment.
Market Forecast
Driven by increasing demand for turbo-jets of a thrust not exceeding 25 kN worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.3% for the period from 2022 to 2030, which is projected to bring the market volume to 518K units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +5.7% for the period from 2022 to 2030, which is projected to bring the market value to $38.3B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Turbo-Jets Of A Thrust Not Exceeding 25 kN
In 2022, the amount of turbo-jets of a thrust not exceeding 25 kN consumed worldwide reached 399K units, with an increase of 4.8% compared with the previous year. In general, consumption enjoyed significant growth. Over the period under review, global consumption hit record highs at 423K units in 2020; however, from 2021 to 2022, consumption remained at a lower figure.
The global turbo-jet (under 25 kN) market size amounted to $24.6B in 2022, picking up by 3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw significant growth. Over the period under review, the global market attained the peak level at $25.9B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Consumption By Country
The country with the largest volume of turbo-jet (under 25 kN) consumption was Russia (371K units), comprising approx. 93% of total volume. It was followed by Japan (11K units), with a 2.8% share of total consumption.
In Russia, turbo-jet (under 25 kN) consumption increased at an average annual rate of +89.1% over the period from 2012-2022.
In value terms, Russia ($22.2B) led the market, alone. The second position in the ranking was held by Japan ($283M).
In Russia, the turbo-jet (under 25 kN) market expanded at an average annual rate of +88.8% over the period from 2012-2022.
In Japan, turbo-jet (under 25 kN) per capita consumption increased at an average annual rate of +3.7% over the period from 2012-2022.
Production
World Production of Turbo-Jets Of A Thrust Not Exceeding 25 kN
In 2022, approx. 399K units of turbo-jets of a thrust not exceeding 25 kN were produced worldwide; picking up by 5.6% compared with the year before. Over the period under review, production enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 1,004% against the previous year. Over the period under review, global production reached the peak volume at 423K units in 2020; however, from 2021 to 2022, production remained at a lower figure.
In value terms, turbo-jet (under 25 kN) production rose slightly to $24.5B in 2022 estimated in export price. In general, production showed a significant expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 738% against the previous year. Global production peaked at $25.6B in 2020; however, from 2021 to 2022, production remained at a lower figure.
Production By Country
Russia (371K units) remains the largest turbo-jet (under 25 kN) producing country worldwide, accounting for 93% of total volume. It was followed by Japan (11K units), with a 2.8% share of total production.
From 2012 to 2022, the average annual growth rate of volume in Russia totaled +94.4%.
Imports
World Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN
In 2022, approx. 6.9K units of turbo-jets of a thrust not exceeding 25 kN were imported worldwide; waning by -45% against 2021. Overall, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 94%. Over the period under review, global imports attained the peak figure at 13K units in 2015; however, from 2016 to 2022, imports remained at a lower figure.
In value terms, turbo-jet (under 25 kN) imports amounted to $1.2B in 2022. In general, imports showed a pronounced setback. The pace of growth was the most pronounced in 2018 when imports increased by 17%. Global imports peaked at $1.6B in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports By Country
The countries with the highest levels of turbo-jet (under 25 kN) imports in 2022 were the United States (995 units), the UK (729 units), Canada (702 units), the Netherlands (568 units), Azerbaijan (457 units), Germany (346 units), China (299 units), Switzerland (241 units), the United Arab Emirates (214 units), Trinidad and Tobago (213 units), Hong Kong SAR (178 units) and Turkey (177 units), together resulting at 75% of total import. France (143 units) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Trinidad and Tobago (with a CAGR of +53.2%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($303M) constitutes the largest market for imported turbo-jets of a thrust not exceeding 25 kN worldwide, comprising 26% of global imports. The second position in the ranking was taken by Canada ($144M), with a 12% share of global imports. It was followed by the UK, with a 9.4% share.
From 2012 to 2022, the average annual rate of growth in terms of value in the United States was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+41.4% per year) and the UK (+4.7% per year).
Import Prices By Country
The average turbo-jet (under 25 kN) import price stood at $169,132 per unit in 2022, rising by 88% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($304,879 per unit), while Azerbaijan ($4,818 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+25.1%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN
In 2022, approx. 6.9K units of turbo-jets of a thrust not exceeding 25 kN were exported worldwide; waning by -27.2% on 2021. Overall, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 54% against the previous year. The global exports peaked at 12K units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.
In value terms, turbo-jet (under 25 kN) exports reduced remarkably to $809M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 41% against the previous year. Over the period under review, the global exports attained the maximum at $1B in 2014; however, from 2015 to 2022, the exports remained at a lower figure.
Exports By Country
The shipments of the six major exporters of turbo-jets of a thrust not exceeding 25 kN, namely Canada, the United States, India, Belgium, the UK and Russia, represented more than two-thirds of total export. It was distantly followed by South Korea (317 units), achieving a 4.6% share of total exports. Germany (242 units), Ukraine (224 units), the Netherlands (202 units), France (139 units) and Turkey (123 units) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India (with a CAGR of +43.8%), while the other global leaders experienced more modest paces of growth.
In value terms, the largest turbo-jet (under 25 kN) supplying countries worldwide were Canada ($230M), the United States ($177M) and the UK ($109M), with a combined 64% share of global exports. Ukraine, Germany, France, India, Belgium, South Korea, the Netherlands, Turkey and Russia lagged somewhat behind, together comprising a further 25%.
India, with a CAGR of +146.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average turbo-jet (under 25 kN) export price amounted to $116,576 per unit, increasing by 10% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, turbo-jet (under 25 kN) export price increased by +47.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 39%. The global export price peaked at $128,474 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
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 Ukraine ($481,340 per unit), while Russia ($821 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+71.2%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for turbo-jet (under 25 kn). Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30301200 - Turbo-jets and turbo-propellers, for civil use
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global market for turbo-jet (under 25 kn).
Global Turbo-Jets And Turbo-Propellers Market Report 2018. This report provides an in-depth analysis of the global turbo-jets and turbo-propellers market.
This report provides an in-depth analysis of the global market for turbo-jet (over 25 kn).
This report provides an in-depth analysis of the global market for turbo-propeller (over 1100 kw).
This report provides an in-depth analysis of the global market for turbo-propeller (under 1100 kw).
Global Gas Turbine Market Report 2018. This report provides an in-depth analysis of the global gas turbine market.
In value terms, lignite imports amounted to $X in 2016. Overall, lignite imports continue to indicate a skyrocketing growth. Global lignite import peaked of $X in 2014; however, from 2015 to X>
In value terms, lignite exports totaled $X in 2016. In general, lignite exports continue to indicate a skyrocketing expansion. Over the period under review, global lignite exports reached its maxim...
Discover the top import markets for turbo-jets (over 25 kN) around the world. Learn about the key statistics and import values of countries such as the United Kingdom, Hong Kong SAR, United States, and more.
In 2016, the amount of turbo-jet imported worldwide totaled X tons, rising by X% against the previous year figure. Overall, turbo-jet imports continue to indicate a mild contraction. The growth p...
In 2016, the amount of turbo-jet imported worldwide totaled X tons, rising by X% against the previous year figure. Overall, turbo-jet imports continue to indicate a mild contraction. The growth p...
Explore the top import markets for Turbo-Propellers under 1100 kW, including the United States, Germany, Switzerland, and more. Learn about the key statistics and data from IndexBox platform.