Argentina: Aircraft Launching Gear Market 2024

Aircraft Launching Gear Market Size in Argentina

In 2021, the Argentinian aircraft launching gear market increased by 87% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a significant contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Aircraft Launching Gear Production in Argentina

In value terms, aircraft launching gear production fell to $X in 2021 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +65.7% against 2013 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 36% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then fell in the following year.

Aircraft Launching Gear Exports

Exports from Argentina

In 2021, overseas shipments of aircraft launching gear, deck-arrestor or similar gear and parts thereof decreased by -39.4% to X kg, falling for the sixth year in a row after four years of growth. In general, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2014 with an increase of 419%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, aircraft launching gear exports fell dramatically to $X in 2021. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 425%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X kg) was the main destination for aircraft launching gear exports from Argentina, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Colombia amounted to -14.0%.

In value terms, Colombia ($X) also remains the key foreign market for aircraft launching gear, deck-arrestor or similar gear and parts thereof exports from Argentina.

From 2012 to 2021, the average annual growth rate of value to Colombia stood at -5.2%.

Export Prices by Country

In 2021, the average aircraft launching gear export price amounted to $X per ton, growing by 15% against the previous year. Over the period under review, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 88% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Colombia amounted to +10.2% per year.

Aircraft Launching Gear Imports

Imports into Argentina

In 2021, supplies from abroad of aircraft launching gear, deck-arrestor or similar gear and parts thereof increased by 56% to X kg, rising for the second year in a row after two years of decline. In general, imports, however, saw a significant decrease. The pace of growth was the most pronounced in 2015 with an increase of 185% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, aircraft launching gear imports surged to $X in 2021. Over the period under review, imports, however, showed a dramatic shrinkage. The growth pace was the most rapid in 2015 when imports increased by 168% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United States (X kg) constituted the largest supplier of aircraft launching gear to Argentina, with a 66% share of total imports. Moreover, aircraft launching gear imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X kg), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (0.0% per year) and France (+14.9% per year).

In value terms, the largest aircraft launching gear suppliers to Argentina were Canada ($X), the United States ($X) and France ($X).

In terms of the main suppliers, Canada, with a CAGR of +3.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average aircraft launching gear import price amounted to $X per ton, shrinking by -4.4% against the previous year. Over the period under review, the import price saw a perceptible decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 51%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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