Canada: Market for Turbo-Propellers Of A Power Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Exceeding 1,100 kW in Canada

The Canadian turbo-propeller (over X kW) market declined to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a slight descent. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Turbo-Propellers Of A Power Exceeding X kW in Canada

In value terms, turbo-propeller (over X kW) production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Turbo-propeller (over X kW) production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Exports from Canada

In 2022, overseas shipments of turbo-propellers of a power exceeding X kW increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, recorded a drastic downturn. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, turbo-propeller (over X kW) exports declined modestly to $X in 2022. Over the period under review, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X units), the United States (X units) and Singapore (X units) were the main destinations of turbo-propeller (over X kW) exports from Canada, with a combined X% share of total exports. Germany, Spain, India, Nepal, Algeria, Colombia, Brazil, Japan, Switzerland and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nepal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for turbo-propeller (over X kW) exported from Canada were France ($X), the United States ($X) and Singapore ($X), together comprising X% of total exports. Germany, Spain, India, Algeria, Nepal, Brazil, Colombia, Japan, Switzerland and Italy lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average turbo-propeller (over X kW) export price amounted to $X per unit, dropping by X% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained 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 India ($X per unit) and Brazil ($X per unit), while the average price for exports to Switzerland ($X per unit) and Nepal ($X per unit) were amongst the lowest.

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

Imports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Imports into Canada

In 2022, the amount of turbo-propellers of a power exceeding X kW imported into Canada dropped sharply to X units, shrinking by X% against the year before. In general, imports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, turbo-propeller (over X kW) imports shrank markedly to $X in 2022. Overall, imports continue to indicate a sharp slump. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest turbo-propeller (over X kW) supplier to Canada, accounting for a X% share of total imports. Moreover, turbo-propeller (over X kW) imports from the United States exceeded the figures recorded by the second-largest supplier, Egypt (X units), fivefold. The third position in this ranking was taken by Finland (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Finland (X% per year).

In value terms, the United States ($X) constituted the largest supplier of turbo-propellers of a power exceeding X kW to Canada, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with an X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average turbo-propeller (over X kW) import price amounted to $X per unit, jumping by X% against the previous year. Overall, the import price posted strong growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X,812 per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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