Czech Republic: Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in the Czech Republic

The Czech turbo-jet (under X kN) market dropped notably to $X in 2022, declining by -41.4% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2021, and then fell markedly in the following year.

Production of Turbo-Jets Of A Thrust Not Exceeding X kN in the Czech Republic

In value terms, turbo-jet (under X kN) production shrank to $X in 2022 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2022: its value 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, production decreased by -17.3% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by 80% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports from the Czech Republic

In 2022, the amount of turbo-jets of a thrust not exceeding X kN exported from the Czech Republic soared to X units, increasing by 24% against 2021. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 145%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, turbo-jet (under X kN) exports contracted to $X in 2022. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by 130% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

China (X units), the United States (X units) and Turkey (X units) were the main destinations of turbo-jet (under X kN) exports from the Czech Republic, together accounting for 87% of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +64.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Canada ($X) constituted the largest markets for turbo-jet (under X kN) exported from the Czech Republic worldwide, together comprising 86% of total exports.

The United States, with a CAGR of +53.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average turbo-jet (under X kN) export price stood at $X per unit in 2022, reducing by -29.1% against the previous year. Overall, the export price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 347%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Turkey ($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 Switzerland (+185.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports into the Czech Republic

In 2022, the amount of turbo-jets of a thrust not exceeding X kN imported into the Czech Republic shrank markedly to X units, which is down by -94.3% compared with the previous year. Overall, imports, however, posted tangible growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,198%. As a result, imports reached the peak of X units, and then reduced sharply in the following year.

In value terms, turbo-jet (under X kN) imports expanded to $X in 2022. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 834% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of turbo-jet (under X kN) to the Czech Republic, accounting for a 61% share of total imports. Moreover, turbo-jet (under X kN) imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X units), fivefold. The third position in this ranking was taken by Australia (X units), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-2.4% per year) and Australia (+12.2% per year).

In value terms, the United States ($X) constituted the largest supplier of turbo-jets of a thrust not exceeding X kN to the Czech Republic, comprising 73% of total imports. The second position in the ranking was held by Canada ($X), with a 21% share of total imports. It was followed by Ukraine, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+10.1% per year) and Ukraine (-9.2% per year).

Import Prices by Country

The average turbo-jet (under X kN) import price stood at $X per unit in 2022, rising by 1,725% against the previous year. Overall, the import price showed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+80.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :