Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United States - 2024

Contents:

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

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

The average import price for turbo-jets, turbo-propellers and other gas turbineses stood at $288 thousand per unit in 2022, dropping by -32.8% against the previous year. Overall, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 18%. Over the period under review, average import prices hit record highs at $509 thousand per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 Poland ($503 thousand per unit), while the price for Angola ($18 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.1%), 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 States (FOB) - 2022

In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $149 thousand per unit, with a decrease of -62.8% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 11% against the previous year. Over the period under review, the average export prices hit record highs at $440 thousand per unit in 2020; however, from 2021 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 the UK ($428 thousand per unit), while the average price for exports to Saint Helena, Ascension and Tristan da Cunha ($816 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 Hungary (+8.5%), 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 States

In 2022, approx. 82K units of turbo-jets, turbo-propellers and other gas turbineses were imported into the United States; surging by 81% compared with the previous year's figure. Overall, imports recorded a resilient expansion. 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 surged to $23.5B in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at $30.8B in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United States (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8.93.33.64.9-18.0%
Canada3.92.93.54.76.4%
United Kingdom3.12.12.22.8-3.3%
Germany3.12.22.02.2-10.8%
Japan2.01.61.72.00.0%
Mexico1.71.21.21.5-4.1%
Poland1.10.70.80.9-6.5%
Italy0.70.50.40.70.0%
UgandaN/AN/AN/AN/A0%
LiechtensteinN/AN/AN/AN/A0%
EthiopiaN/AN/AN/AN/A0%
DjiboutiN/AN/AN/AN/A0%
AngolaN/AN/AN/AN/A0%
Others6.25.14.03.9-14.3%
Total30.819.619.423.5-8.6%

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

  1. France (9.8K units)
  2. Canada (9.4K units)
  3. Uganda (8.7K units)
  4. Italy (8.3K units)
  5. United Kingdom (5.6K units)
  6. Germany (4.3K units)
  7. Japan (4.0K units)
  8. Mexico (2.9K units)
  9. Liechtenstein (2.9K units)
  10. Angola (2.7K units)
  11. Ethiopia (2.3K units)
  12. Djibouti (2.0K units)
  13. Poland (1.8K units)

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

In 2022, the amount of turbo-jets, turbo-propellers and other gas turbineses exported from the United States surged to 69K units, rising by 205% compared with the previous year. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses expanded remarkably to $10.3B in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1,0229661,0731,36010.0%
Canada7415726548243.6%
Italy748665653740-0.4%
Singapore576558703534-2.5%
South Korea5104913815321.4%
United Kingdom4342503494440.8%
Germany27637334544016.8%
Hungary27422336642816.0%
Japan584505448373-13.9%
SwazilandN/AN/A0.238.619200.0%
KyrgyzstanN/AN/AN/A1.90%
Saint Helena, Ascension and Tristan da CunhaN/AN/AN/A1.30%
FijiN/AN/AN/A1.30%
Others4,2153,9044,0744,5492.6%
Total9,3818,5079,04610,2683.1%

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

  1. Swaziland (35.9K units)
  2. Mexico (3.2K units)
  3. Canada (1.9K units)
  4. Kyrgyzstan (1.8K units)
  5. Italy (1.7K units)
  6. Saint Helena, Ascension and Tristan da Cunha (1.6K units)
  7. Fiji (1.3K units)
  8. Singapore (1.2K units)
  9. South Korea (1.2K units)
  10. Hungary (1.1K units)
  11. United Kingdom (1.0K units)
  12. Germany (1.0K units)
  13. Japan (0.9K units)

Source: IndexBox Market Intelligence Platform

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