Benelux: Aircraft Launching Gear Market 2024

Aircraft Launching Gear Market Size in Benelux

The Benelux aircraft launching gear market fell rapidly to $X in 2021, declining by -80.1% against the previous year. Over the period under review, consumption saw a deep reduction. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Aircraft Launching Gear Production in Benelux

In value terms, aircraft launching gear production reached $X in 2021 estimated in export price. The total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -38.0% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 20% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Aircraft Launching Gear Exports

Exports in Benelux

Aircraft launching gear exports skyrocketed to X tons in 2021, jumping by 3,494% on 2020 figures. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aircraft launching gear exports surged to $X in 2021. In general, exports posted a significant increase. The growth pace was the most rapid in 2013 with an increase of 2,059% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands prevails in exports structure, resulting at X tons, which was near 94% of total exports in 2021. It was distantly followed by Belgium (X tons), mixing up a 5.9% share of total exports.

The Netherlands was also the fastest-growing in terms of the aircraft launching gear, deck-arrestor or similar gear and parts thereof exports, with a CAGR of +121.6% from 2012 to 2021. At the same time, Belgium (+53.6%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +94 percentage points.

In value terms, the Netherlands ($X) remains the largest aircraft launching gear supplier in Benelux, comprising 99% of total exports. The second position in the ranking was taken by Belgium ($X), with a 0.4% share of total exports.

In the Netherlands, aircraft launching gear exports expanded at an average annual rate of +96.0% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, falling by -58.2% against the previous year. In general, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2017 when the export price increased by 173%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-11.5%).

Aircraft Launching Gear Imports

Imports in Benelux

In 2021, aircraft launching gear imports in Benelux surged to X tons, increasing by 31% on 2020 figures. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 522%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, aircraft launching gear imports reduced sharply to $X in 2021. In general, imports posted a strong expansion. The growth pace was the most rapid in 2016 when imports increased by 541%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands dominates imports structure, finishing at X tons, which was approx. 94% of total imports in 2021. It was distantly followed by Belgium (X tons), creating a 5.1% share of total imports.

The Netherlands was also the fastest-growing in terms of the aircraft launching gear, deck-arrestor or similar gear and parts thereof imports, with a CAGR of +43.2% from 2012 to 2021. At the same time, Belgium (+32.4%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands and Belgium increased by +76 and +3.2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported aircraft launching gear, deck-arrestor or similar gear and parts thereof in Benelux, comprising 73% of total imports. The second position in the ranking was taken by Belgium ($X), with a 26% share of total imports.

In the Netherlands, aircraft launching gear imports expanded at an average annual rate of +12.0% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, shrinking by -60.1% against the previous year. Over the period under review, the import price showed a noticeable slump. The pace of growth was the most pronounced in 2016 when the import price increased by 453% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+24.1%).

Source: IndexBox Platform