Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany - 2024

Contents:

  1. Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany (CIF) - 2022
  2. Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany (FOB) - 2022
  3. Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany
  4. Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany

Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany (CIF) - 2022

In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $832 thousand per unit, with an increase of 10% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for turbo-jets, turbo-propellers and other gas turbineses increased by +11.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 37%. The import price peaked at $855 thousand per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2 million per unit), while the price for Serbia ($46 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany (FOB) - 2022

In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $459 thousand per unit, reducing by -11.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 26%. The export price peaked at $653 thousand per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1 million per unit), while the average price for exports to Romania ($58 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 Hungary (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany

Imports of turbo-jets, turbo-propellers and other gas turbineses into Germany rose modestly to 15K units in 2022, growing by 3.8% on 2021. Overall, imports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 9.9%. Imports peaked at 17K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses amounted to $12.6B in 2022. Over the period under review, imports, however, recorded a pronounced descent. Over the period under review, imports of attained the peak figure at $14.4B in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9,1946,0426,1137,054-8.5%
United Kingdom4524391,0091,34043.7%
France2,029316490541-35.6%
Poland26331545548122.3%
Japan3143103894079.0%
Hungary12514929128331.3%
China265168182193-10.0%
Netherlands33.817715218175.0%
Italy204209176174-5.2%
Switzerland99.823912915415.6%
Serbia30.736.250.263.427.3%
Austria30.468.493.554.521.5%
India15.75.518.838.134.4%
Others1,3031,4871,4671,6758.7%
Total14,3609,96311,01612,639-4.2%

Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Germany in 2022:

  1. United States (3.5K units)
  2. China (2.4K units)
  3. Serbia (1.4K units)
  4. Italy (1.3K units)
  5. Austria (0.8K units)
  6. United Kingdom (0.7K units)
  7. France (0.6K units)
  8. Poland (0.5K units)
  9. Japan (0.5K units)
  10. Hungary (0.5K units)
  11. Netherlands (0.4K units)
  12. India (0.4K units)
  13. Switzerland (0.3K units)

Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Germany

For the third consecutive year, Germany recorded decline in overseas shipments of turbo-jets, turbo-propellers and other gas turbineses, which decreased by -0.1% to 12K units in 2022. Over the period under review, exports continue to indicate a abrupt decrease. Over the period under review, the exports of reached the maximum at 20K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses declined to $5.6B in 2022. Overall, exports recorded a significant curtailment. The exports peaked at $13.2B 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 Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,0621,7721,3401,501-21.2%
France1,258815637538-24.7%
China3842901204172.8%
United Kingdom1,279907561400-32.1%
Poland626489322283-23.3%
Hungary192249258148-8.3%
Italy198175218138-11.3%
Switzerland350325182112-31.6%
South Korea83.275.813881.8-0.6%
Austria15990.995.271.1-23.5%
Netherlands22014088.547.8-39.9%
Bangladesh34.19.316.429.1-5.1%
Romania50.029.432.317.9-29.0%
Others5,2743,7722,3671,820-29.9%
Total13,1689,1416,3755,605-24.8%

Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Germany in 2022:

  1. Italy (1544.0 units)
  2. China (1478.0 units)
  3. United States (1444.0 units)
  4. Hungary (904.0 units)
  5. Poland (757.0 units)
  6. France (743.0 units)
  7. United Kingdom (663.0 units)
  8. South Korea (619.0 units)
  9. Netherlands (561.0 units)
  10. Switzerland (521.0 units)
  11. Romania (309.0 units)
  12. Bangladesh (268.0 units)
  13. Austria (244.0 units)

Source: IndexBox Market Intelligence Platform

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