Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Spain - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Spain (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Spain (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Spain
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Spain
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Spain (CIF) - 2022
The average import price for turbo-jets, turbo-propellers and other gas turbineses stood at $1.7 million per unit in 2022, picking up by 21% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +9.4% 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 +74.9% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($3.8 million per unit), while the price for China ($291 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.4%), 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 Spain (FOB) - 2022
The average export price for turbo-jets, turbo-propellers and other gas turbineses stood at $1.3 million per unit in 2022, leveling off at the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of 35% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($3.3 million per unit), while the average price for exports to the United Arab Emirates ($160 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 Mexico (+24.7%), 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 Spain
Imports of turbo-jets, turbo-propellers and other gas turbineses into Spain soared to 1.5K units in 2022, with an increase of 17% on the year before. Over the period under review, imports, however, recorded a pronounced reduction. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. Over the period under review, imports of attained the peak figure at 1.6K 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 $2.5B in 2022. In general, imports posted resilient growth. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 494 | 374 | 407 | 880 | 21.2% |
| United Kingdom | 156 | 107 | 532 | 799 | 72.4% |
| Germany | 338 | 202 | 195 | 230 | -12.0% |
| Japan | 101 | 55.2 | 81.9 | 119 | 5.6% |
| Singapore | 47.8 | 63.5 | 113 | 90.9 | 23.9% |
| Canada | 64.6 | 67.1 | 67.7 | 69.3 | 2.4% |
| China | 2.4 | 4.3 | 59.5 | 60.8 | 193.7% |
| Mexico | 35.1 | 31.4 | 52.5 | 54.0 | 15.4% |
| Netherlands | 34.4 | 63.6 | 77.6 | 47.7 | 11.5% |
| France | 73.9 | 36.3 | 21.8 | 46.7 | -14.2% |
| Taiwan (Chinese) | 21.1 | 31.6 | 68.4 | 24.9 | 5.7% |
| Italy | 46.0 | 31.8 | 29.8 | 24.6 | -18.8% |
| Czech Republic | 18.7 | 12.7 | 4.1 | 6.1 | -31.2% |
| Others | 321 | 139 | 91.7 | 94.4 | -33.5% |
| Total | 1,753 | 1,220 | 1,801 | 2,547 | 13.3% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Spain in 2022:
- United Kingdom (344.0 units)
- United States (336.0 units)
- China (209.0 units)
- Germany (107.0 units)
- Japan (75.0 units)
- France (73.0 units)
- Mexico (54.0 units)
- Italy (45.0 units)
- Canada (28.0 units)
- Netherlands (26.0 units)
- Singapore (24.0 units)
- Taiwan (Chinese) (19.0 units)
- Czech Republic (17.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Spain
In 2022, exports of turbo-jets, turbo-propellers and other gas turbineses from Spain skyrocketed to 1.4K units, rising by 41% against the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at 1.4K units in 2019; afterwards, it flattened through to 2022.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $1.8B in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.7% 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 +96.7% against 2020 indices. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 314 | 125 | 318 | 655 | 27.8% |
| United States | 475 | 366 | 499 | 475 | 0.0% |
| Mexico | 16.9 | 10.2 | 42.4 | 120 | 92.2% |
| Hong Kong SAR | 8.3 | 3.7 | 0.3 | 72.8 | 106.2% |
| Singapore | 95.1 | 36.0 | 49.6 | 67.1 | -11.0% |
| France | 36.1 | 22.2 | 46.5 | 57.4 | 16.7% |
| Canada | 34.2 | 48.0 | 59.3 | 46.9 | 11.1% |
| Germany | 28.7 | 31.8 | 16.1 | 45.8 | 16.9% |
| Taiwan (Chinese) | 29.8 | 30.2 | 46.7 | 36.7 | 7.2% |
| United Arab Emirates | 11.0 | 0.4 | 1.9 | 13.0 | 5.7% |
| Switzerland | 3.9 | 2.3 | 1.5 | 11.8 | 44.6% |
| Saudi Arabia | 59.8 | 12.5 | 15.1 | 6.5 | -52.3% |
| Others | 235 | 215 | 151 | 169 | -10.4% |
| Total | 1,348 | 903 | 1,248 | 1,777 | 9.6% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Spain in 2022:
- United Kingdom (535.0 units)
- United States (269.0 units)
- France (117.0 units)
- United Arab Emirates (81.0 units)
- Singapore (58.0 units)
- Switzerland (51.0 units)
- Canada (37.0 units)
- Mexico (37.0 units)
- Taiwan (Chinese) (26.0 units)
- Germany (23.0 units)
- Hong Kong SAR (23.0 units)
- Saudi Arabia (2.0 units)
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