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

Contents:

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

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

In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $1.7 million per unit, growing by 4.6% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 an increase of 32% against the previous year. The import price peaked at $2.4 million per unit in 2019; however, from 2020 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 ($4.4 million per unit), while the price for Japan ($241 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), 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 Ireland (FOB) - 2022

In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $1.1 million per unit, rising by 29% against the previous year. Overall, the export price recorded resilient growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 43% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2.8 million per unit), while the average price for exports to Slovakia ($210 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 Qatar (+146.2%), 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 Ireland

In 2022, purchases abroad of turbo-jets, turbo-propellers and other gas turbineses decreased by -28% to 813 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. Over the period under review, imports of attained the maximum at 1.1K units in 2021, and then contracted notably in the following year.

In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses fell notably to $1.4B in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. Over the period under review, imports of hit record highs at $1.8B in 2021, and then declined notably in the following year.

Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9561,1751,5191,0954.6%
United Kingdom6.246.6146108159.2%
Canada32.620.74.330.9-1.8%
Switzerland4.018.32.723.480.2%
Taiwan (Chinese)0.117.210.113.7415.5%
Japan0.31.116.413.5255.7%
France10.740124.44.4-25.6%
Others75.374.210487.04.9%
Total1,0851,7541,8271,3768.2%

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

  1. United States (554.0 units)
  2. United Kingdom (72.0 units)
  3. Japan (56.0 units)
  4. Switzerland (25.0 units)
  5. Canada (18.0 units)
  6. Taiwan (Chinese) (15.0 units)
  7. France (1.0 units)

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

In 2022, approx. 955 units of turbo-jets, turbo-propellers and other gas turbineses were exported from Ireland; with a decrease of -49.1% on the previous year's figure. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 158%. As a result, the exports attained the peak of 1.9K units, and then reduced dramatically in the following year.

In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses contracted markedly to $1B in 2022. In general, exports, however, posted temperate growth. The most prominent rate of growth was recorded in 2021 when exports increased by 101%. As a result, the exports attained the peak of $1.6B, and then dropped significantly in the following year.

Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2331983003039.2%
United Kingdom87.07.648919029.7%
United Arab Emirates6.910437.3102145.4%
Taiwan (Chinese)0.735.611.148.2309.9%
France71.013.019.340.5-17.1%
China46.285.711132.3-11.2%
Qatar32.635.87.630.1-2.6%
Switzerland16.911.118.429.220.0%
Canada34.736.336.617.9-19.8%
India48.51.41368.8-43.4%
Romania1.72.87.76.354.7%
Norway9.718.01125.7-16.2%
Slovakia5.19.84.85.0-0.7%
Others343225287214-14.6%
Total9367841,5781,0333.3%

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

  1. United States (255.0 units)
  2. United Kingdom (245.0 units)
  3. France (78.0 units)
  4. United Arab Emirates (37.0 units)
  5. Switzerland (29.0 units)
  6. China (28.0 units)
  7. Slovakia (24.0 units)
  8. Taiwan (Chinese) (23.0 units)
  9. Romania (19.0 units)
  10. Qatar (17.0 units)
  11. Canada (13.0 units)
  12. India (6.0 units)
  13. Norway (4.0 units)

Source: IndexBox Market Intelligence Platform

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