Canada: Market for Turbo-Propellers Of A Power Not Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Not Exceeding 1,100 kW in Canada

In 2022, the Canadian turbo-propeller (under X kW) market decreased by X% to $X, falling for the fifth year in a row after two years of growth. In general, consumption faced a deep slump. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Turbo-Propellers Of A Power Not Exceeding X kW in Canada

In value terms, turbo-propeller (under X kW) production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Exports from Canada

In 2022, shipments abroad of turbo-propellers of a power not exceeding X kW increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, turbo-propeller (under X kW) exports surged to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for turbo-propeller (under X kW) exports from Canada, accounting for a X% share of total exports. Moreover, turbo-propeller (under X kW) exports to the United States exceeded the volume sent to the second major destination, Switzerland (X units), eightfold. France (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and France (X% per year).

In value terms, the United States ($X) remains the key foreign market for turbo-propellers of a power not exceeding X kW exports from Canada, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with an X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and France (X% per year).

Export Prices by Country

The average turbo-propeller (under X kW) export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Turkey ($X per unit) and France ($X per unit), while the average price for exports to Germany ($X per unit) and the United States ($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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Imports into Canada

In 2022, purchases abroad of turbo-propellers of a power not exceeding X kW decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, turbo-propeller (under X kW) imports reduced rapidly to $X in 2022. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United States (X units), France (X units) and the UK (X units) were the main suppliers of turbo-propeller (under X kW) imports to Canada, together accounting for X% of total imports. Germany, the Czech Republic, Poland, Romania, Italy, New Zealand, Brazil, China and Azerbaijan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and the UK ($X) constituted the largest turbo-propeller (under X kW) suppliers to Canada, together comprising X% of total imports. Germany, the Czech Republic, Poland, New Zealand, Azerbaijan, Brazil, Romania, Italy and China lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average turbo-propeller (under X kW) import price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 New Zealand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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