Australia: Aircraft Propeller Market 2025

Aircraft Propeller Market Size in Australia

The Australian aircraft propeller market stood at $X in 2022, surging by 1.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a noticeable shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Aircraft Propeller Exports

Exports from Australia

In 2022, approx. X tons of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes were exported from Australia; falling by -1.9% against the previous year. Overall, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 89%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aircraft propeller exports reduced modestly to $X in 2022. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2019 when exports increased by 72% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons), the United States (X tons) and New Zealand (X tons) were the main destinations of aircraft propeller exports from Australia, with a combined 69% share of total exports. Singapore, Japan, Italy, Papua New Guinea and Thailand lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +42.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for aircraft propeller exported from Australia were France ($X), the United States ($X) and New Zealand ($X), with a combined 69% share of total exports. Singapore, Japan, Italy, Papua New Guinea and Thailand lagged somewhat behind, together comprising a further 20%.

Among the main countries of destination, Italy, with a CAGR of +62.7%, recorded the highest growth rate of 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

The average aircraft propeller export price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 96%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($X per ton) and Thailand ($X per ton), while the average price for exports to Papua New Guinea ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Propeller Imports

Imports into Australia

In 2022, after two years of decline, there was growth in supplies from abroad of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes, when their volume increased by 0.3% to X tons. Over the period under review, imports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 26% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, aircraft propeller imports reached $X in 2022. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 33%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), France (X tons) and Italy (X tons) were the main suppliers of aircraft propeller imports to Australia, with a combined 82% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +20.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), France ($X) and Italy ($X) appeared to be the largest aircraft propeller suppliers to Australia, with a combined 82% share of total imports.

Among the main suppliers, Italy, with a CAGR of +20.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aircraft propeller import price amounted to $X per ton, leveling off at the previous year. Overall, the import price recorded a strong increase. The growth pace was the most rapid in 2016 when the average import price increased by 58% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($X per ton) and Singapore ($X per ton), while the price for France ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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