Czech Republic: Market for Turbo-Propellers Of A Power Exceeding 1,100 kW 2024

Market Size for Turbo-Propellers Of A Power Exceeding 1,100 kW in the Czech Republic

The Czech turbo-propeller (over X kW) market fell to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw a slight curtailment. The pace of growth appeared the most rapid in 2017 when the market value increased by X%. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Turbo-Propellers Of A Power Exceeding X kW in the Czech Republic

In value terms, turbo-propeller (over X kW) production contracted slightly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Turbo-propeller (over X kW) production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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

Exports from the Czech Republic

In 2022, after three years of decline, there was significant growth in shipments abroad of turbo-propellers of a power exceeding X kW, when their volume increased by X% to X units. Overall, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, turbo-propeller (over X kW) exports soared to $X in 2022. In general, exports posted a buoyant expansion. 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 (over X kW) exports from the Czech Republic, accounting for a X% share of total exports. Moreover, turbo-propeller (over X kW) exports to the United States exceeded the volume sent to the second major destination, Latvia (X units), more than tenfold. The third position in this ranking was taken by Estonia (X units), with a X% share.

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

In value terms, the United States ($X) emerged as the key foreign market for turbo-propellers of a power exceeding X kW exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

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

Export Prices by Country

In 2022, the average turbo-propeller (over X kW) export price amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, saw a perceptible contraction. The export price peaked at $X,353 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X,652 per unit), while the average price for exports to Belgium ($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 Russia (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 the Czech Republic

In 2022, supplies from abroad of turbo-propellers of a power exceeding X kW was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, turbo-propeller (over X kW) imports soared to $X in 2022. In general, imports, however, showed a precipitous curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units) and Slovakia (X units) were the main suppliers of turbo-propeller (over X kW) imports to the Czech Republic.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%).

In value terms, the largest turbo-propeller (over X kW) suppliers to the Czech Republic were Germany ($X) and Slovakia ($X).

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average turbo-propeller (over X kW) import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, faced a dramatic downturn. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X,214 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Slovakia stood at $X per unit.

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

Source: IndexBox Platform

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