Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $358 thousand per unit, remaining relatively unchanged against the previous year. Overall, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2015 an increase of 33%. As a result, import price reached the peak level of $1.2 million per unit. From 2016 to 2022, the average import prices remained at a somewhat 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 Germany ($1.3 million per unit), while the price for South Korea ($62 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 (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia (FOB) - 2022
In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $444 thousand per unit, with an increase of 14% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 46%. Over the period under review, the average export prices hit record highs at $1.1 million per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($741 thousand per unit), while the average price for exports to Switzerland ($32 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 Switzerland (+30.3%), 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 Malaysia
In 2022, purchases abroad of turbo-jets, turbo-propellers and other gas turbineses was finally on the rise to reach 1.6K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep contraction. Imports peaked at 2.9K 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 $569M in 2022. Overall, imports, however, saw a abrupt downturn. Imports peaked at $1B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 426 | 401 | 286 | 254 | -15.8% |
| Singapore | 35.6 | 26.6 | 24.0 | 54.8 | 15.5% |
| Germany | 136 | 32.8 | 23.0 | 51.3 | -27.7% |
| China | 33.7 | 35.1 | 13.5 | 47.2 | 11.9% |
| France | 210 | 152 | 43.7 | 42.4 | -41.3% |
| Italy | 39.2 | 58.8 | 56.4 | 34.0 | -4.6% |
| United Kingdom | 42.9 | 23.8 | 25.3 | 11.6 | -35.3% |
| India | 5.5 | 3.9 | 3.3 | 11.1 | 26.4% |
| Japan | 27.7 | 18.5 | 21.9 | 10.6 | -27.4% |
| Belgium | 9.7 | 1.8 | 0.3 | 2.1 | -40.0% |
| Others | 77.9 | 45.4 | 44.3 | 50.0 | -13.7% |
| Total | 1,044 | 800 | 541 | 569 | -18.3% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Malaysia in 2022:
- United States (767.0 units)
- China (288.0 units)
- Italy (110.0 units)
- France (73.0 units)
- India (65.0 units)
- Singapore (64.0 units)
- Germany (40.0 units)
- Japan (27.0 units)
- Belgium (20.0 units)
- United Kingdom (15.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia
For the third year in a row, Malaysia recorded decline in overseas shipments of turbo-jets, turbo-propellers and other gas turbineses, which decreased by -11.5% to 430 units in 2022. Over the period under review, exports saw a drastic downturn. The smallest decline of -8.4% was in 2020. The exports peaked at 681 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 stood at $191M in 2022. In general, exports saw a precipitous setback. Over the period under review, the exports of reached the peak figure at $375M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 15.6 | 4.4 | 42.8 | 66.2 | 61.9% |
| United States | 117 | 50.2 | 25.9 | 50.4 | -24.5% |
| Singapore | 157 | 118 | 73.5 | 40.8 | -36.2% |
| Germany | 2.3 | 0.7 | 0.2 | 15.2 | 87.7% |
| Taiwan (Chinese) | N/A | 0.2 | N/A | 3.0 | 287.3% |
| Japan | 3.9 | 2.4 | 1.8 | 3.0 | -8.4% |
| Thailand | 3.4 | 3.8 | 8.9 | 3.0 | -4.1% |
| Indonesia | 16.2 | 2.2 | 2.4 | 2.4 | -47.1% |
| Italy | 3.4 | 20.3 | 2.2 | 2.3 | -12.2% |
| France | 6.9 | 2.9 | 1.1 | 0.8 | -51.2% |
| Hungary | 18.7 | 5.6 | 1.5 | N/A | -71.7% |
| Others | 30.2 | 17.6 | 28.2 | 3.7 | -50.3% |
| Total | 375 | 228 | 189 | 191 | -20.1% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Malaysia in 2022:
- Singapore (111.0 units)
- United Kingdom (109.0 units)
- United States (68.0 units)
- Japan (39.0 units)
- Germany (26.0 units)
- Taiwan (Chinese) (19.0 units)
- Italy (15.0 units)
- Indonesia (13.0 units)
- Thailand (7.0 units)
- France (2.0 units)
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