Austria: 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 Austria

The Austrian turbo-jet (under X kN) market reached $X in 2022, approximately reflecting the previous year. In general, consumption saw a prominent increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

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

In value terms, turbo-jet (under X kN) production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, faced a sharp descent. The pace of growth was the most pronounced in 2013 with a decrease of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from Austria

In 2022, after two years of growth, there was significant decline in shipments abroad of turbo-jets of a thrust not exceeding X kN, when their volume decreased by X% to X units. In general, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, turbo-jet (under X kN) exports fell rapidly to $X in 2022. Over the period under review, exports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for turbo-jet (under X kN) exports from Austria, with a X% share of total exports. Moreover, turbo-jet (under X kN) exports to the United States exceeded the volume sent to the second major destination, Canada (X units), threefold. The third position in this ranking was held by Malaysia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Malaysia (X% per year).

In value terms, the United States ($X) remains the key foreign market for turbo-jets of a thrust not exceeding X kN exports from Austria, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average turbo-jet (under X kN) export price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, saw a mild curtailment. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

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

Imports into Austria

In 2022, after two years of growth, there was significant decline in supplies from abroad of turbo-jets of a thrust not exceeding X kN, when their volume decreased by X% to X units. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, turbo-jet (under X kN) imports shrank significantly to $X in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, the United States (X units) constituted the largest turbo-jet (under X kN) supplier to Austria, with a X% share of total imports. Moreover, turbo-jet (under X kN) imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%.

In value terms, the largest turbo-jet (under X kN) suppliers to Austria were the United States ($X) and Canada ($X).

Among the main suppliers, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average turbo-jet (under X kN) import price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% 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 X kN) import price decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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