Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Serbia - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Serbia (FOB) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Serbia (CIF) - 2022
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Serbia
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Serbia
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Serbia (FOB) - 2022
The average export price for turbo-jets, turbo-propellers and other gas turbineses stood at $41 thousand per unit in 2022, picking up by 3.7% against the previous year. Over the period under review, the export price, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2013 an increase of 88% against the previous year. As a result, the export price reached the peak level of $326 thousand per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($53 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 the Czech Republic (+68.3%), 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 Serbia (CIF) - 2022
The average import price for turbo-jets, turbo-propellers and other gas turbineses stood at $50 thousand per unit in 2022, reducing by -23.8% against the previous year. In general, the import price recorded a abrupt descent. The growth pace was the most rapid in 2015 an increase of 183%. The import price peaked at $514 thousand per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($848 thousand per unit), while the price for Austria ($15 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+60.1%), 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 Serbia
For the fourth year in a row, Serbia recorded growth in overseas shipments of turbo-jets, turbo-propellers and other gas turbineses, which increased by 36% to 4.9K units in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $200M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.8 | 37.1 | 54.4 | 65.2 | 36.2% |
| Hungary | 5.7 | 16.6 | 23.8 | 40.4 | 92.1% |
| Poland | 26.8 | 28.5 | 31.0 | 37.8 | 12.1% |
| Czech Republic | 15.2 | 27.9 | 16.3 | 19.8 | 9.2% |
| Ireland | 0.3 | N/A | N/A | 11.0 | 232.2% |
| Brazil | N/A | 0.2 | 6.5 | 7.0 | 491.6% |
| Italy | N/A | 0.3 | 1.7 | 5.6 | 332.0% |
| Others | 13.7 | 10.5 | 8.6 | 13.5 | -0.5% |
| Total | 87.4 | 121 | 142 | 200 | 31.8% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Serbia in 2022:
- Germany (1554.0 units)
- Poland (1037.0 units)
- Hungary (915.0 units)
- Czech Republic (614.0 units)
- Italy (237.0 units)
- Brazil (213.0 units)
- Ireland (208.0 units)
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Serbia
In 2022, overseas purchases of turbo-jets, turbo-propellers and other gas turbineses increased by 160% to 1.9K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $94M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.5 | 33.2 | 12.2 | 30.0 | 17.5% |
| United Kingdom | N/A | 10.3 | 18.5 | 28.4 | 66.1% |
| France | 1.5 | 3.1 | 3.6 | 9.3 | 83.7% |
| Austria | N/A | N/A | N/A | 5.0 | 0% |
| India | N/A | 0.4 | 4.6 | 1.9 | 117.9% |
| Taiwan (Chinese) | 1.2 | N/A | 1.0 | 1.3 | 2.7% |
| Italy | 21.3 | N/A | N/A | 0.3 | -75.9% |
| Others | 32.6 | 35.7 | 7.8 | 18.2 | -17.7% |
| Total | 75.1 | 82.7 | 47.7 | 94.4 | 7.9% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Serbia in 2022:
- China (1001.0 units)
- Austria (324.0 units)
- United Kingdom (190.0 units)
- France (143.0 units)
- India (122.0 units)
- Taiwan (Chinese) (52.0 units)
- Italy (1.0 units)
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