Asia-Pacific: Market for Turbo-Propellers Of A Power Not Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Not Exceeding 1,100 kW in Asia-Pacific

The Asia-Pacific turbo-propeller (under X kW) market declined to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Turbo-Propellers Of A Power Not Exceeding X kW in Asia-Pacific

In value terms, turbo-propeller (under X kW) production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Exports in Asia-Pacific

In 2022, after two years of decline, there was significant growth in overseas shipments of turbo-propellers of a power not exceeding X kW, when their volume increased by X% to X units. Over the period under review, exports posted a perceptible expansion. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, turbo-propeller (under X kW) exports soared to $X in 2022. In general, exports saw resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Singapore (X units), distantly followed by Japan (X units), China (X units), South Korea (X units) and Indonesia (X units) were the key exporters of turbo-propellers of a power not exceeding X kW, together achieving X% of total exports. The following exporters - Hong Kong SAR (X units) and Australia (X units) - each finished at a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Japan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the largest turbo-propeller (under X kW) supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

In Singapore, turbo-propeller (under X kW) exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 South Korea ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Imports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Imports in Asia-Pacific

In 2022, purchases abroad of turbo-propellers of a power not exceeding X kW was finally on the rise to reach X units after three years of decline. Overall, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, turbo-propeller (under X kW) imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Singapore represented the key importing country with an import of around X units, which recorded X% of total imports. Australia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by India (X%) and Pakistan (X%). Thailand (X units), Japan (X units), Vietnam (X units), Indonesia (X units), China (X units) and New Zealand (X units) followed a long way behind the leaders.

Imports into Singapore decreased at an average annual rate of X% from 2012 to 2022. At the same time, Pakistan (X%), Thailand (X%), India (X%) and Japan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%), New Zealand (X%), Australia (X%), Indonesia (X%) and China (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Australia, Pakistan, Thailand, Japan and Vietnam increased by X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported turbo-propellers of a power not exceeding X kW in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by India, with a X% share.

In Singapore, turbo-propeller (under X kW) imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Australia (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, picking up by X% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, turbo-propeller (under X kW) import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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