China: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in China

In 2022, the Chinese balloon and dirigible market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption showed a relatively flat trend pattern. Balloon and dirigible consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Balloon And Dirigible Production in China

In value terms, balloon and dirigible production reached $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Balloon and dirigible production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Balloon And Dirigible Exports

Exports from China

In 2022, overseas shipments of balloons, dirigibles and other non-powered aircraft decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, balloon and dirigible exports contracted sharply to $X in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for balloon and dirigible exports from China, accounting for a X% share of total exports. Moreover, balloon and dirigible exports to Russia exceeded the volume sent to the second major destination, Mexico (X units), twofold. The third position in this ranking was held by France (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and France (X% per year).

In value terms, Russia ($X) remains the key foreign market for balloons, dirigibles and other non-powered aircraft exports from China, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average balloon and dirigible export price amounted to $X per unit, waning by X% against the previous year. In general, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Bangladesh ($X per unit) was amongst the lowest.

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

Balloon And Dirigible Imports

Imports into China

In 2022, imports of balloons, dirigibles and other non-powered aircraft into China soared to X units, rising by X% on the previous year's figure. In general, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, balloon and dirigible imports soared to $X in 2022. Over the period under review, imports, however, faced a deep downturn. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Hungary (X units), Austria (X units) and Sri Lanka (X units) were the main suppliers of balloon and dirigible imports to China, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest balloon and dirigible suppliers to China were Austria ($X), Hungary ($X) and Sri Lanka ($X), with a combined X% share of total imports. Italy, Germany, France, Australia and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average balloon and dirigible import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Hungary ($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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