Benelux: Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in Benelux

The Benelux turbo-jet (under X kN) market reduced markedly to $X in 2022, waning by -52.2% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Turbo-Jets Of A Thrust Not Exceeding X kN in Benelux

In value terms, turbo-jet (under X kN) production reduced to $X in 2022 estimated in export price. In general, production, however, recorded pronounced growth. The growth pace was the most rapid in 2015 when the production volume increased by 134%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports in Benelux

In 2022, after two years of decline, there was significant growth in shipments abroad of turbo-jets of a thrust not exceeding X kN, when their volume increased by 92% to X units. In general, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2015 with an increase of 3,930%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, turbo-jet (under X kN) exports contracted rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2019 when exports increased by 95% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium was the key exporting country with an export of around X units, which finished at 64% of total exports. It was distantly followed by the Netherlands (X units), comprising a 36% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +22.3%).

In value terms, Belgium ($X) emerged as the largest turbo-jet (under X kN) supplier in Benelux, comprising 72% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 28% share of total exports.

In Belgium, turbo-jet (under X kN) exports plunged by an average annual rate of -11.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, with a decrease of -71% against the previous year. Over the period under review, the export price saw a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 568%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%).

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports in Benelux

In 2022, turbo-jet (under X kn) imports in Benelux plummeted to X units, falling by -73.2% on 2021 figures. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 2,153% against the previous year. As a result, imports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, turbo-jet (under X kN) imports contracted remarkably to $X in 2022. In general, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 2,754%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands prevails in imports structure, amounting to X units, which was approx. 95% of total imports in 2022. It was distantly followed by Belgium (X units), creating a 4.8% share of total imports.

The Netherlands was also the fastest-growing in terms of the turbo-jets of a thrust not exceeding X kN imports, with a CAGR of +39.6% from 2012 to 2022. At the same time, Belgium (+28.1%) displayed positive paces of growth. The Netherlands (+48 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported turbo-jets of a thrust not exceeding X kN in Benelux, comprising 94% of total imports. The second position in the ranking was taken by Belgium ($X), with a 4% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +17.1%.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, picking up by 38% against the previous year. In general, the import price, however, faced a sharp reduction. The most prominent rate of growth was recorded in 2019 an increase of 181%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-16.1%).

Source: IndexBox Platform