Belarus: Market for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft 2024

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

After two years of growth, the Belarusian aircraft internal combustion engine market decreased by -21.9% to $X in 2022. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

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

In value terms, aircraft internal combustion engine production skyrocketed to $X in 2022 estimated in export price. In general, production posted a significant increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 14,328,800% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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

Exports from Belarus

After two years of growth, overseas shipments of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft decreased by -12.5% to X units in 2022. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 340% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, aircraft internal combustion engine exports reduced to $X in 2022. Over the period under review, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2014 when exports increased by 75,820%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for aircraft internal combustion engine exports from Belarus, with a 86% share of total exports. Moreover, aircraft internal combustion engine exports to Russia exceeded the volume sent to the second major destination, the Czech Republic (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at +28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (0.0% per year) and Lithuania (0.0% per year).

In value terms, Russia ($X) remains the key foreign market for spark-ignition reciprocating or rotary internal combustion piston engines for aircraft exports from Belarus, comprising 92% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 6.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +30.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+13.0% per year) and Lithuania (+19.2% per year).

Export Prices by Country

In 2022, the average aircraft internal combustion engine export price amounted to $X per unit, leveling off at the previous year. Overall, the export price saw a resilient expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 17,154% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+119.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Belarus

After two years of growth, supplies from abroad of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft decreased by -36.8% to X units in 2022. Over the period under review, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2013 with an increase of 287% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, aircraft internal combustion engine imports contracted rapidly to $X in 2022. Overall, imports saw a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 379%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest aircraft internal combustion engine supplier to Belarus, accounting for a 38% share of total imports. Moreover, aircraft internal combustion engine imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. The third position in this ranking was held by Kyrgyzstan (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+14.9% per year) and Kyrgyzstan (0.0% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft to Belarus, comprising 39% of total imports. The second position in the ranking was held by Austria ($X), with a 17% share of total imports. It was followed by Poland, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+23.0% per year) and Poland (+38.4% per year).

Import Prices by Country

The average aircraft internal combustion engine import price stood at $X per unit in 2022, shrinking by -4.3% against the previous year. Overall, the import price, however, recorded a mild expansion. The pace of growth was the most pronounced in 2014 an increase of 444% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :