Asia-Pacific: Market for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft 2025

Market Size for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Asia-Pacific

For the third consecutive year, the Asia-Pacific aircraft internal combustion engine market recorded growth in sales value, which increased by 26% to $X in 2022. The total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +80.4% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Production of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Asia-Pacific

In value terms, aircraft internal combustion engine production contracted slightly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2018 with an increase of 3%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Exports in Asia-Pacific

In 2022, aircraft internal combustion engine exports in Asia-Pacific soared to X units, rising by 228% on the year before. Over the period under review, exports saw a strong expansion. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, aircraft internal combustion engine exports soared to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 93% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand prevails in exports structure, accounting for X units, which was near 80% of total exports in 2022. It was distantly followed by India (X units), mixing up a 7.9% share of total exports. The following exporters - Australia (X units), Hong Kong SAR (X units) and Singapore (X units) - together made up 8.5% of total exports.

From 2012 to 2022, average annual rates of growth with regard to aircraft internal combustion engine exports from Thailand stood at +17.9%. At the same time, India (+22.2%) and Hong Kong SAR (+19.8%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +22.2% from 2012-2022. By contrast, Singapore (-1.5%) and Australia (-2.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand and India increased by +26 and +4.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest aircraft internal combustion engine supplying countries in Asia-Pacific were Thailand ($X), Singapore ($X) and India ($X), together accounting for 87% of total exports.

Among the main exporting countries, Thailand, with a CAGR of +15.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, reducing by -55.3% against the previous year. In general, the export price faced a abrupt descent. The pace of growth appeared the most rapid in 2021 an increase of 72% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.9%), while the other leaders experienced a decline in the export price figures.

Imports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Imports in Asia-Pacific

In 2022, purchases abroad of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft was finally on the rise to reach X units after three years of decline. Overall, imports continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 59% against the previous year. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, aircraft internal combustion engine imports surged to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 76%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Philippines was the main importing country with an import of around X units, which amounted to 34% of total imports. Singapore (X units) took the second position in the ranking, followed by China (X units), Australia (X units), Thailand (X units), Indonesia (X units) and Hong Kong SAR (X units). All these countries together took near 53% share of total imports.

The Philippines was also the fastest-growing in terms of the spark-ignition reciprocating or rotary internal combustion piston engines for aircraft imports, with a CAGR of +33.6% from 2012 to 2022. At the same time, Singapore (+12.8%), China (+9.8%) and Hong Kong SAR (+3.8%) displayed positive paces of growth. Australia experienced a relatively flat trend pattern. By contrast, Indonesia (-2.1%) and Thailand (-7.3%) illustrated a downward trend over the same period. The Philippines (+31 p.p.), Singapore (+8 p.p.) and China (+5.5 p.p.) significantly strengthened its position in terms of the total imports, while Australia, Indonesia and Thailand saw its share reduced by -2.7%, -4% and -12.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported spark-ignition reciprocating or rotary internal combustion piston engines for aircraft in Asia-Pacific, comprising 40% of total imports. The second position in the ranking was taken by the Philippines ($X), with a 20% share of total imports. It was followed by Thailand, with a 12% share.

In Singapore, aircraft internal combustion engine imports expanded at an average annual rate of +1.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Philippines (+16.9% per year) and Thailand (+1.5% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, increasing by 18% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2018 when the import price increased by 57% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :