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Report Asia-Pacific - Airplanes and Other Aircraft - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia-Pacific - Airplanes and Other Aircraft - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Aircraft Market 2024

Aircraft Market Size in Asia-Pacific

The Asia-Pacific aircraft market skyrocketed to $X in 2022, jumping by 1,397% against the previous year. In general, consumption enjoyed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Aircraft Production in Asia-Pacific

In value terms, aircraft production fell significantly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 581%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Aircraft Exports

Exports in Asia-Pacific

In 2022, overseas shipments of airplanes and other aircraft decreased by -47.5% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of 808%. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, aircraft exports declined rapidly to $X in 2022. Over the period under review, exports, however, recorded a strong increase. The growth pace was the most rapid in 2015 when exports increased by 774%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, resulting at X units, which was near 93% of total exports in 2022. The following exporters - South Korea (X units) and Singapore (X units) - together made up 4.6% of total exports.

China was also the fastest-growing in terms of the airplanes and other aircraft exports, with a CAGR of +54.1% from 2012 to 2022. At the same time, Singapore (+53.9%) and South Korea (+25.2%) displayed positive paces of growth. While the share of China (+69 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (-2.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aircraft supplier in Asia-Pacific, comprising 78% of total exports. The second position in the ranking was taken by South Korea ($X), with a 4.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +28.0%. In the other countries, the average annual rates were as follows: South Korea (+14.9% per year) and Singapore (+29.4% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, increasing by 58% against the previous year. Overall, the export price, however, saw a deep reduction. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-8.2%), while the other leaders experienced a decline in the export price figures.

Aircraft Imports

Imports in Asia-Pacific

In 2022, purchases abroad of airplanes and other aircraft increased by 2,198% to X units, rising for the third consecutive year after two years of decline. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aircraft imports declined markedly to $X in 2022. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 371% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Philippines dominates imports structure, accounting for X units, which was approx. 97% of total imports in 2022. Australia (X units) followed a long way behind the leaders.

The Philippines was also the fastest-growing in terms of the airplanes and other aircraft imports, with a CAGR of +130.5% from 2012 to 2022. At the same time, Australia (+22.2%) displayed positive paces of growth. While the share of the Philippines (+95 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-23.7 p.p.) displayed negative dynamics.

In value terms, the Philippines ($X) and Australia ($X) constituted the countries with the highest levels of imports in 2022.

The Philippines, with a CAGR of +60.1%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, declining by -96.3% against the previous year. Over the period under review, the import price recorded a dramatic decline. The most prominent rate of growth was recorded in 2019 when the import price increased by 43% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while the Philippines totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-16.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were India, Australia and China, with a combined 71% share of total consumption. These countries were followed by Pakistan, Myanmar, South Korea, Hong Kong SAR, the Philippines, Indonesia, Japan, Taiwan Chinese), Vietnam and Maldives, which together accounted for a further 23%.
China constituted the country with the largest volume of aircraft production, accounting for 91% of total volume. It was followed by India, with a 2.4% share of total production.
In value terms, China remains the largest aircraft supplier in Asia-Pacific.
In value terms, the largest aircraft importing markets in Asia-Pacific were the Philippines, Australia and China, with a combined 58% share of total imports.
In 2021, the export price in Asia-Pacific amounted to $3,991 per unit, dropping by -72% against the previous year.
The import price in Asia-Pacific stood at $27,956 per unit in 2021, dropping by -49.4% against the previous year.

This report provides an in-depth analysis of the aircraft market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30303200 - Aeroplanes and other aircraft of an unladen weight . 2 .000 kg, for civil use

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia-Pacific, split by region and country
  • Trade (exports and imports) in Asia-Pacific
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Australia
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cook Islands
    • Fiji
    • French Polynesia
    • India
    • Indonesia
    • Japan
    • Kiribati
    • Malaysia
    • Maldives
    • Marshall Islands
    • Micronesia
    • Myanmar
    • Nepal
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Pakistan
    • Palau
    • Papua New Guinea
    • Philippines
    • Samoa
    • Singapore
    • Solomon Islands
    • South Korea
    • Sri Lanka
    • Taiwan (Chinese)
    • Thailand
    • Timor-Leste
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Vietnam
    • Wallis and Futuna Islands
    • Lao People's Democratic Republic
    • American Samoa
    • Democratic People's Republic of Korea
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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