Australia and Oceania: 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 Australia and Oceania

The turbo-propeller (under X kW) market in Australia and Oceania reduced to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a slight setback. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Turbo-Propellers Of A Power Not Exceeding X kW in Australia and Oceania

In value terms, turbo-propeller (under X kW) production contracted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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

Exports in Australia and Oceania

In 2022, after two years of decline, there was significant growth in shipments abroad 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, however, showed a abrupt decrease. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, turbo-propeller (under X kW) exports soared to $X in 2022. In general, exports, however, saw a noticeable descent. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Australia represented the major exporting country with an export of about X units, which recorded X% of total exports. New Zealand (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by French Polynesia (X%). Kiribati (X units), Solomon Islands (X units), New Caledonia (X units) and Vanuatu (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to turbo-propeller (under X kW) exports from Australia stood at X%. At the same time, New Zealand (X%), Kiribati (X%) and French Polynesia (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. Solomon Islands and New Caledonia experienced a relatively flat trend pattern. By contrast, Vanuatu (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand, French Polynesia, Kiribati, Vanuatu and Solomon Islands increased by 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, Australia ($X) remains the largest turbo-propeller (under X kW) supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with an X% share of total exports. It was followed by French Polynesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and French Polynesia (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat 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 Kiribati ($X per unit), while Solomon Islands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vanuatu (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 Australia and Oceania

For the third consecutive year, Australia and Oceania recorded decline in overseas purchases of turbo-propellers of a power not exceeding X kW, which decreased by X% to X units in 2022. Overall, imports showed a noticeable setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, turbo-propeller (under X kW) imports skyrocketed to $X in 2022. Total imports indicated a modest increase from 2012 to 2022: its value 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. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia dominates imports structure, finishing at X units, which was near X% of total imports in 2022. It was distantly followed by New Zealand (X units), constituting an X% share of total imports. The following importers - Papua New Guinea (X units), Kiribati (X units) and New Caledonia (X units) - each recorded an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to turbo-propeller (under X kW) imports into Australia stood at X%. At the same time, Kiribati (X%) and New Caledonia (X%) displayed positive paces of growth. Moreover, Kiribati emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) and Papua New Guinea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia, Kiribati and New Caledonia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported turbo-propellers of a power not exceeding X kW in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Kiribati, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Kiribati (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price showed prominent growth. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

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 Australia ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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