Canada: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Canada

The Canadian turbo-jet (over X kn) market declined significantly to $X in 2021, reducing by -20.5% against the previous year. Overall, consumption recorded a abrupt decrease. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Turbo-Jets Of A Thrust Exceeding X kN in Canada

In value terms, turbo-jet (over X kn) production totaled $X in 2021 estimated in export price. Overall, the total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.5% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 27%. Turbo-jet (over X kn) production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from Canada

In 2021, turbo-jet (over X kn) exports from Canada soared to X units, jumping by 22% against the year before. Overall, total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -6.1% against 2019 indices. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, turbo-jet (over X kn) exports fell modestly to $X in 2021. In general, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 87%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for turbo-jet (over X kn) exports from Canada, accounting for a 77% share of total exports. Moreover, turbo-jet (over X kn) exports to the United States exceeded the volume sent to the second major destination, France (X units), sixfold.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-8.8% per year) and Brazil (+33.7% per year).

In value terms, the United States ($X) remains the key foreign market for turbo-jets of a thrust exceeding X kn exports from Canada, comprising 79% of total exports. The second position in the ranking was taken by France ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-3.9% per year) and Brazil (+45.4% per year).

Export Prices by Country

The average turbo-jet (over X kn) export price stood at $X per unit in 2021, falling by -20.8% against the previous year. In general, the export price, however, posted a tangible expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 66%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into Canada

In 2021, overseas purchases of turbo-jets of a thrust exceeding X kn decreased by -7.7% to X units, falling for the third consecutive year after three years of growth. Overall, imports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2018 with an increase of 888%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, turbo-jet (over X kn) imports declined remarkably to $X in 2021. In general, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2018 when imports increased by 40%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest turbo-jet (over X kn) supplier to Canada, accounting for a 71% share of total imports. Moreover, turbo-jet (over X kn) imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by the United Arab Emirates (X units), with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.4% per year) and the United Arab Emirates (+27.3% per year).

In value terms, the United States ($X) constituted the largest supplier of turbo-jets of a thrust exceeding X kn to Canada, comprising 65% of total imports. The second position in the ranking was taken by Germany ($X), with a 29% share of total imports. It was followed by the UK, with a 4% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.7% per year) and the UK (+24.2% per year).

Import Prices by Country

In 2021, the average turbo-jet (over X kn) import price amounted to $X per unit, waning by -11.1% against the previous year. Overall, the import price showed a mild slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 596% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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