Czech Republic: Market for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft 2024

Market Size for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in the Czech Republic

The Czech aircraft internal combustion engine market reached $X in 2022, growing by 4.6% against the previous year. In general, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.1% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Production of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in the Czech Republic

In value terms, aircraft internal combustion engine production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Exports from the Czech Republic

In 2022, shipments abroad of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft increased by 43% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2013 with an increase of 109%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, aircraft internal combustion engine exports rose remarkably to $X in 2022. The total export value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by 47%. As a result, the exports reached the peak of $X; afterwards, it flattened through to 2022.

Exports by Country

Germany (X units), Slovakia (X units) and Austria (X units) were the main destinations of aircraft internal combustion engine exports from the Czech Republic, together comprising 68% of total exports. The United States, Belgium, France, the UK, Poland and the United Arab Emirates lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +32.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the key foreign market for spark-ignition reciprocating or rotary internal combustion piston engines for aircraft exports from the Czech Republic, comprising 54% of total exports. The second position in the ranking was held by Germany ($X), with a 21% share of total exports. It was followed by France, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia amounted to +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+29.7% per year) and France (+45.2% per year).

Export Prices by Country

In 2022, the average aircraft internal combustion engine export price amounted to $X per unit, dropping by -19.5% against the previous year. In general, the export price, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2014 an increase of 72%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then fell notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Austria ($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 Kazakhstan (+170.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Imports into the Czech Republic

For the third year in a row, the Czech Republic recorded growth in purchases abroad of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft, which increased by 36% to X units in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +117.2% against 2019 indices. The growth pace was the most rapid in 2014 when imports increased by 47%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, aircraft internal combustion engine imports skyrocketed to $X in 2022. In general, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 when imports increased by 84%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Austria (X units) constituted the largest supplier of aircraft internal combustion engine to the Czech Republic, accounting for a 69% share of total imports. Moreover, aircraft internal combustion engine imports from Austria exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was taken by the UK (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Austria totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.1% per year) and the UK (+179.4% per year).

In value terms, Austria ($X) constituted the largest supplier of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft to the Czech Republic, comprising 88% of total imports. The second position in the ranking was held by the United States ($X), with a 6.2% share of total imports. It was followed by the UK, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value from Austria totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.5% per year) and the UK (-18.3% per year).

Import Prices by Country

The average aircraft internal combustion engine import price stood at $X per unit in 2022, waning by -14.2% against the previous year. Over the period under review, the import price, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2013 an increase of 115% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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