Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Croatia - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Croatia (FOB) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Croatia (CIF) - 2022
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Croatia
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Croatia
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Croatia (FOB) - 2022
In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $93 thousand per unit, shrinking by -30.4% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2019 an increase of 39%. As a result, the export price attained the peak level of $185 thousand per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($284 thousand per unit), while the average price for exports to Italy ($24 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 Germany (+11.8%), 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 Croatia (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $44 thousand per unit, waning by -53.9% against the previous year. In general, the import price recorded a abrupt descent. The growth pace was the most rapid in 2017 when the average import price increased by 14%. Over the period under review, average import prices attained the peak figure at $199 thousand per unit in 2012; however, from 2013 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 United States ($556 thousand per unit), while the price for India ($16 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.2%), 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 Croatia
In 2022, exports of turbo-jets, turbo-propellers and other gas turbineses from Croatia soared to 751 units, increasing by 31% compared with 2021. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses contracted to $70M in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 4.4%. The exports peaked at $93M 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 Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 24.3 | 25.9 | 26.4 | 17.3 | -10.7% |
| United States | 6.4 | 8.6 | 13.6 | 14.8 | 32.2% |
| Italy | 0.8 | 2.7 | 3.1 | 8.0 | 115.4% |
| Argentina | N/A | N/A | N/A | 6.3 | 0% |
| Brazil | 6.7 | 4.7 | 0.9 | 4.4 | -13.1% |
| Germany | 12.4 | 5.1 | 5.3 | 3.7 | -33.2% |
| United Kingdom | N/A | N/A | 0.6 | 2.6 | 333.3% |
| Libya | N/A | N/A | 0.5 | 1.8 | 260.0% |
| Indonesia | 3.5 | 1.2 | 1.4 | 1.0 | -34.1% |
| Canada | 7.1 | 2.4 | 1.4 | 0.9 | -49.8% |
| Malaysia | 5.6 | 2.8 | 1.4 | 0.4 | -58.5% |
| Taiwan (Chinese) | 5.2 | 0.3 | N/A | N/A | -94.2% |
| Others | 21.3 | 19.8 | 22.2 | 9.0 | -25.0% |
| Total | 93.4 | 73.7 | 76.9 | 70.1 | -9.1% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Croatia in 2022:
- Italy (338.0 units)
- Argentina (91.0 units)
- Switzerland (89.0 units)
- United States (80.0 units)
- United Kingdom (34.0 units)
- Libya (23.0 units)
- Germany (13.0 units)
- Brazil (9.0 units)
- Malaysia (9.0 units)
- Canada (2.0 units)
- Indonesia (2.0 units)
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Croatia
In 2022, the amount of turbo-jets, turbo-propellers and other gas turbineses imported into Croatia surged to 1.1K units, increasing by 57% on the previous year's figure. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 124%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses dropped significantly to $49M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $67M, and then dropped significantly in the following year.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 0.6 | 11.8 | 1866.7% |
| Switzerland | 13.2 | 20.0 | 23.7 | 11.4 | -4.8% |
| Germany | 10.6 | 4.7 | 5.5 | 4.3 | -26.0% |
| United States | 3.8 | 4.8 | 8.0 | 3.9 | 0.9% |
| China | 0.1 | 0.4 | N/A | 3.0 | 210.7% |
| India | N/A | 0.4 | 2.0 | 2.8 | 164.6% |
| Italy | 0.6 | 1.9 | 24.4 | 1.5 | 35.7% |
| Poland | 1.5 | 1.4 | 0.3 | 0.8 | -18.9% |
| Others | 10.7 | 11.4 | 2.8 | 9.2 | -4.9% |
| Total | 40.6 | 44.9 | 67.3 | 48.8 | 6.3% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Croatia in 2022:
- Turkey (651.0 units)
- India (177.0 units)
- Switzerland (78.0 units)
- Germany (57.0 units)
- China (47.0 units)
- Poland (30.0 units)
- Italy (25.0 units)
- United States (7.0 units)
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