Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United Arab Emirates - 2022

Contents:

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

Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $920 thousand per unit, surging by 85% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $1.3 million per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3.3 million per unit), while the price for China ($41 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+20.4%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $273 thousand per unit, rising by 160% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. Over the period under review, the average export prices reached the peak figure at $636 thousand per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1.2 million per unit), while the average price for exports to Pakistan ($59 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 India (+14.5%), 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 the United Arab Emirates

Imports of turbo-jets, turbo-propellers and other gas turbineses into the United Arab Emirates dropped rapidly to 3.9K units in 2022, which is down by -22.5% against the previous year's figure. Over the period under review, imports faced a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 12%. Imports peaked at 5.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $3.5B in 2022. In general, imports recorded a noticeable shrinkage. Over the period under review, imports of attained the peak figure at $4B in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,3881,2678651,435-15.6%
Singapore15626832174168.1%
France13731829338441.0%
United States12617013916810.1%
Hong Kong SAR82.651.331.013818.7%
Netherlands90.653.575.91127.3%
Germany333101133105-31.9%
Ireland6.910639.698.5142.6%
Belgium2.40.10.852.5179.7%
Italy72.469.662.834.7-21.7%
Turkey15.820.79.322.712.8%
China64.922.429.316.4-36.8%
Spain11.00.42.813.57.1%
Others469375471225-21.7%
Total3,9562,8232,4743,546-3.6%

Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to the United Arab Emirates in 2022:

  1. Singapore (694.0 units)
  2. France (442.0 units)
  3. United Kingdom (432.0 units)
  4. China (402.0 units)
  5. Netherlands (372.0 units)
  6. Turkey (266.0 units)
  7. United States (252.0 units)
  8. Italy (170.0 units)
  9. Spain (113.0 units)
  10. Belgium (106.0 units)
  11. Hong Kong SAR (94.0 units)
  12. Ireland (71.0 units)
  13. Germany (64.0 units)

Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United Arab Emirates

Exports of turbo-jets, turbo-propellers and other gas turbineses from the United Arab Emirates plummeted to 731 units in 2022, waning by -77% compared with the year before. Overall, exports showed a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 84% against the previous year. As a result, the exports reached the peak of 3.2K units, and then contracted dramatically in the following year.

In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses shrank notably to $200M in 2022. Over the period under review, exports continue to indicate a significant decrease. The smallest decline of -1.3% was in 2021. The exports peaked at $481M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France16.233.410.558.953.8%
Hong Kong SAR12628.018.531.1-37.3%
India64.585.877.725.2-26.9%
Oman21.935.040.317.3-7.6%
ThailandN/AN/AN/A11.10%
United States5.616.12.78.615.4%
Ukraine1.20.48.28.592.0%
Netherlands5.79.55.15.80.6%
United Kingdom80.12.41.85.3-59.6%
Italy3.11.91.23.32.1%
Switzerland2.16.31.43.113.9%
Singapore1.35.12.32.524.4%
Pakistan0.82.3N/A0.80.0%
Others15211216418.1-50.8%
Total481338334200-25.4%

Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from the United Arab Emirates in 2022:

  1. Oman (199.0 units)
  2. France (72.0 units)
  3. United States (68.0 units)
  4. Ukraine (57.0 units)
  5. Thailand (48.0 units)
  6. Netherlands (33.0 units)
  7. Italy (27.0 units)
  8. Hong Kong SAR (27.0 units)
  9. India (25.0 units)
  10. United Kingdom (20.0 units)
  11. Singapore (16.0 units)
  12. Pakistan (14.0 units)
  13. Switzerland (13.0 units)

Source: IndexBox Market Intelligence Platform

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