Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium (FOB) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium (CIF) - 2022
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium (FOB) - 2022
In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $448 thousand per unit, which is down by -8.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 38% against the previous year. The export price peaked at $761 thousand per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2.5 million per unit), while the average price for exports to Poland ($22 thousand 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 UK (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $449 thousand per unit, falling by -3.4% against the previous year. In general, the import price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 35% against the previous year. Over the period under review, average import prices attained the maximum at $468 thousand per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 the UK ($1.1 million per unit), while the price for China ($67 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium
Exports of turbo-jets, turbo-propellers and other gas turbineses from Belgium soared to 2.7K units in 2022, picking up by 48% against 2021. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses surged to $1.2B in 2022. In general, exports, however, recorded a pronounced decrease. The exports peaked at $1.4B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 499 | 384 | 315 | 311 | -14.6% |
| France | 215 | 130 | 177 | 249 | 5.0% |
| United Kingdom | 1.0 | 34.3 | 85.5 | 141 | 420.5% |
| Oman | N/A | N/A | N/A | 63.6 | 0% |
| United Arab Emirates | 2.4 | 0.6 | 2.0 | 52.9 | 180.4% |
| Germany | 11.6 | 43.4 | 29.9 | 50.2 | 63.0% |
| Portugal | N/A | N/A | N/A | 32.6 | 0% |
| Switzerland | 27.9 | 10.2 | 3.7 | 21.7 | -8.0% |
| Ireland | 0.2 | 16.6 | N/A | 21.0 | 371.8% |
| Qatar | N/A | N/A | N/A | 20.8 | 0% |
| Luxembourg | N/A | 11.1 | 9.6 | 2.9 | -48.9% |
| Romania | N/A | 41.6 | 0.6 | 1.0 | -84.5% |
| China | 34.5 | 48.9 | 128 | 0.8 | -71.5% |
| Others | 614 | 323 | 159 | 264 | -24.5% |
| Total | 1,405 | 1,044 | 909 | 1,232 | -4.3% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Belgium in 2022:
- France (703.0 units)
- Oman (636.0 units)
- Portugal (284.0 units)
- Germany (149.0 units)
- Ireland (148.0 units)
- United States (123.0 units)
- United Arab Emirates (122.0 units)
- United Kingdom (110.0 units)
- Qatar (57.0 units)
- Switzerland (47.0 units)
- Luxembourg (33.0 units)
- China (5.0 units)
- Romania (3.0 units)
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium
In 2022, overseas purchases of turbo-jets, turbo-propellers and other gas turbineses were finally on the rise to reach 2.3K units after two years of decline. Over the period under review, imports, however, recorded a deep reduction. Imports peaked at 3.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $1B in 2022. In general, imports, however, faced a abrupt curtailment. Imports peaked at $1.4B in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 560 | 517 | 445 | 480 | -5.0% |
| France | 391 | 182 | 100 | 251 | -13.7% |
| United Kingdom | 15.5 | 114 | 68.0 | 87.4 | 78.0% |
| Germany | 55.0 | 12.3 | 48.5 | 44.7 | -6.7% |
| China | 47.6 | 35.9 | 30.8 | 27.9 | -16.3% |
| Netherlands | 11.9 | 4.5 | 64.3 | 20.7 | 20.3% |
| Poland | 108 | 31.5 | 2.3 | 8.5 | -57.1% |
| Hong Kong SAR | N/A | N/A | N/A | 5.0 | 0% |
| Others | 244 | 161 | 70.1 | 95.3 | -26.9% |
| Total | 1,433 | 1,058 | 830 | 1,021 | -10.7% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Belgium in 2022:
- United States (693.0 units)
- France (515.0 units)
- China (419.0 units)
- Germany (184.0 units)
- Netherlands (113.0 units)
- United Kingdom (83.0 units)
- Hong Kong SAR (48.0 units)
- Poland (14.0 units)
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