Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in India - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in India (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in India (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in India
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in India
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in India (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $1.6 million per unit, growing by 9% against the previous year. In general, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2013 an increase of 62% against the previous year. The import price peaked at $2.2 million per unit in 2016; however, from 2017 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 France ($2.7 million per unit), while the price for Italy ($214 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+86.4%), 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 India (FOB) - 2022
In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $1.4 million per unit, with an increase of 6.9% against the previous year. In general, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices reached the peak figure at $1.9 million per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($3 million per unit), while the average price for exports to Switzerland ($53 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 Poland (+182.7%), 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 India
Imports of turbo-jets, turbo-propellers and other gas turbineses into India soared to 2.2K units in 2022, surging by 32% on the year before. Over the period under review, imports, however, continue to indicate a abrupt decline. Imports peaked at 2.7K 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 skyrocketed to $3.6B in 2022. In general, imports, however, recorded a deep reduction. Imports peaked at $4.2B in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,889 | 833 | 864 | 1,179 | -14.5% |
| Singapore | 337 | 188 | 214 | 638 | 23.7% |
| France | 266 | 158 | 256 | 436 | 17.9% |
| United Kingdom | 448 | 173 | 169 | 271 | -15.4% |
| Germany | 436 | 293 | 180 | 147 | -30.4% |
| Turkey | 46.2 | 130 | 44.5 | 146 | 46.7% |
| Hong Kong SAR | 98.8 | 38.4 | 10.2 | 122 | 7.3% |
| Belgium | 131 | 28.0 | 147 | 105 | -7.1% |
| Netherlands | 28.2 | 34.7 | 87.9 | 64.8 | 32.0% |
| Switzerland | 39.8 | 43.4 | 28.1 | 54.6 | 11.1% |
| Japan | 41.3 | 18.2 | 65.0 | 48.0 | 5.1% |
| Italy | 21.3 | 6.4 | 7.3 | 22.5 | 1.8% |
| China | 76.6 | 15.4 | 23.1 | 12.2 | -45.8% |
| Others | 382 | 222 | 384 | 331 | -4.7% |
| Total | 4,240 | 2,182 | 2,481 | 3,577 | -5.5% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to India in 2022:
- United States (553.0 units)
- United Kingdom (320.0 units)
- Belgium (261.0 units)
- Singapore (240.0 units)
- France (159.0 units)
- Italy (105.0 units)
- Turkey (91.0 units)
- Japan (68.0 units)
- Germany (66.0 units)
- Netherlands (46.0 units)
- Hong Kong SAR (46.0 units)
- Switzerland (36.0 units)
- China (25.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in India
In 2022, exports of turbo-jets, turbo-propellers and other gas turbineses from India expanded sharply to 2.3K units, growing by 11% against 2021 figures. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.6% 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 +57.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses soared to $3.3B in 2022. In general, exports, however, continue to indicate a noticeable downturn. The exports peaked at $3.6B in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,417 | 1,359 | 1,108 | 1,200 | -5.4% |
| Singapore | 383 | 208 | 239 | 461 | 6.4% |
| France | 118 | 90.8 | 183 | 390 | 49.0% |
| United Kingdom | 458 | 148 | 265 | 340 | -9.5% |
| Germany | 509 | 392 | 231 | 239 | -22.3% |
| Poland | 22.4 | 57.8 | 205 | 205 | 109.2% |
| Malaysia | 56.4 | 43.0 | 36.9 | 120 | 28.6% |
| Japan | 45.0 | 31.6 | 151 | 98.3 | 29.8% |
| China | 148 | 17.0 | 71.5 | 53.2 | -28.9% |
| United Arab Emirates | 46.0 | 99.1 | 68.7 | 26.9 | -16.4% |
| Italy | 5.7 | 8.1 | 5.7 | 16.0 | 41.1% |
| Switzerland | 5.6 | 3.3 | 1.8 | 3.6 | -13.7% |
| Austria | 3.6 | 6.0 | 4.3 | 3.2 | -3.9% |
| Others | 351 | 389 | 235 | 179 | -20.1% |
| Total | 3,567 | 2,852 | 2,806 | 3,336 | -2.2% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from India in 2022:
- United States (621.0 units)
- United Kingdom (439.0 units)
- Italy (246.0 units)
- Singapore (164.0 units)
- France (133.0 units)
- Germany (116.0 units)
- Poland (69.0 units)
- Switzerland (68.0 units)
- China (51.0 units)
- Austria (47.0 units)
- Japan (42.0 units)
- Malaysia (40.0 units)
- United Arab Emirates (37.0 units)
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