Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United States - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United States (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United States (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the United States
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 8.9 | 3.3 | 3.6 | 4.9 | -18.0% |
Canada | 3.9 | 2.9 | 3.5 | 4.7 | 6.4% |
United Kingdom | 3.1 | 2.1 | 2.2 | 2.8 | -3.3% |
Germany | 3.1 | 2.2 | 2.0 | 2.2 | -10.8% |
Japan | 2.0 | 1.6 | 1.7 | 2.0 | 0.0% |
Mexico | 1.7 | 1.2 | 1.2 | 1.5 | -4.1% |
Poland | 1.1 | 0.7 | 0.8 | 0.9 | -6.5% |
Italy | 0.7 | 0.5 | 0.4 | 0.7 | 0.0% |
Uganda | N/A | N/A | N/A | N/A | 0% |
Liechtenstein | N/A | N/A | N/A | N/A | 0% |
Ethiopia | N/A | N/A | N/A | N/A | 0% |
Djibouti | N/A | N/A | N/A | N/A | 0% |
Angola | N/A | N/A | N/A | N/A | 0% |
Others | 6.2 | 5.1 | 4.0 | 3.9 | -14.3% |
Total | 30.8 | 19.6 | 19.4 | 23.5 | -8.6% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to the United States in 2022:
- France (9.8K units)
- Canada (9.4K units)
- Uganda (8.7K units)
- Italy (8.3K units)
- United Kingdom (5.6K units)
- Germany (4.3K units)
- Japan (4.0K units)
- Mexico (2.9K units)
- Liechtenstein (2.9K units)
- Angola (2.7K units)
- Ethiopia (2.3K units)
- Djibouti (2.0K units)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 1,022 | 966 | 1,073 | 1,360 | 10.0% |
Canada | 741 | 572 | 654 | 824 | 3.6% |
Italy | 748 | 665 | 653 | 740 | -0.4% |
Singapore | 576 | 558 | 703 | 534 | -2.5% |
South Korea | 510 | 491 | 381 | 532 | 1.4% |
United Kingdom | 434 | 250 | 349 | 444 | 0.8% |
Germany | 276 | 373 | 345 | 440 | 16.8% |
Hungary | 274 | 223 | 366 | 428 | 16.0% |
Japan | 584 | 505 | 448 | 373 | -13.9% |
Swaziland | N/A | N/A | 0.2 | 38.6 | 19200.0% |
Kyrgyzstan | N/A | N/A | N/A | 1.9 | 0% |
Saint Helena, Ascension and Tristan da Cunha | N/A | N/A | N/A | 1.3 | 0% |
Fiji | N/A | N/A | N/A | 1.3 | 0% |
Others | 4,215 | 3,904 | 4,074 | 4,549 | 2.6% |
Total | 9,381 | 8,507 | 9,046 | 10,268 | 3.1% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from the United States in 2022:
- Swaziland (35.9K units)
- Mexico (3.2K units)
- Canada (1.9K units)
- Kyrgyzstan (1.8K units)
- Italy (1.7K units)
- Saint Helena, Ascension and Tristan da Cunha (1.6K units)
- Fiji (1.3K units)
- Singapore (1.2K units)
- South Korea (1.2K units)
- Hungary (1.1K units)
- United Kingdom (1.0K units)
- Germany (1.0K units)
- Japan (0.9K units)
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