Eastern Europe: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Eastern Europe

The East European turbo-jet (over X kn) market soared to $X in 2021, increasing by 60% against the previous year. Over the period under review, consumption showed a mild increase. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Turbo-Jets Of A Thrust Exceeding X kN in Eastern Europe

In value terms, turbo-jet (over X kn) production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by 19%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports in Eastern Europe

In 2021, exports of turbo-jets of a thrust exceeding X kn in Eastern Europe surged to X units, with an increase of 18% against the year before. Over the period under review, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 178%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, turbo-jet (over X kn) exports surged to $X in 2021. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 236% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Russia represented the largest exporting country with an export of about X units, which amounted to 69% of total exports. Poland (X units) held a 14% share (based on physical terms) of total exports, which put it in second place, followed by Ukraine (4.7%). The following exporters - Latvia (X units), Bulgaria (X units), the Czech Republic (X units) and Estonia (X units) - each resulted at an 8.1% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to turbo-jet (over X kn) exports from Russia stood at +4.8%. At the same time, Bulgaria (+40.3%), Estonia (+22.0%), Latvia (+22.0%), Poland (+20.9%) and the Czech Republic (+2.5%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +40.3% from 2012-2021. By contrast, Ukraine (-7.6%) illustrated a downward trend over the same period. While the share of Poland (+10 p.p.), Bulgaria (+2 p.p.) and Latvia (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Ukraine (-10.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest turbo-jet (over X kn) supplier in Eastern Europe, comprising 66% of total exports. The second position in the ranking was held by Poland ($X), with a 30% share of total exports. It was followed by the Czech Republic, with a 1.6% share.

In Russia, turbo-jet (over X kn) exports expanded at an average annual rate of +8.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Poland (+49.9% per year) and the Czech Republic (+29.5% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, picking up by 40% against the previous year. Export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, turbo-jet (over X kn) export price increased by +68.4% against 2019 indices. As a result, the export 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 suppliers, the country with the highest price was Poland ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+26.4%), while the other leaders experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports in Eastern Europe

Turbo-jet (over X kn) imports surged to X units in 2021, rising by 129% against the year before. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, turbo-jet (over X kn) imports surged to $X in 2021. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia was the key importing country with an import of around X units, which resulted at 51% of total imports. Poland (X units) ranks second in terms of the total imports with a 21% share, followed by Ukraine (6.2%) and Estonia (5.3%). Latvia (X units), the Czech Republic (X units) and Lithuania (X units) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +5.1% from 2012 to 2021. At the same time, Estonia (+29.7%), Poland (+17.5%), Latvia (+13.0%), Lithuania (+7.2%) and the Czech Republic (+3.9%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +29.7% from 2012-2021. Ukraine experienced a relatively flat trend pattern. Poland (+12 p.p.), Estonia (+5.3 p.p.), Lithuania (+2.9 p.p.) and Latvia (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Ukraine and Russia saw its share reduced by -5.7% and -9.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2021, with a combined 94% share of total imports.

In terms of the main importing countries, Poland, with a CAGR of +43.6%, 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

In 2021, the import price in Eastern Europe amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price recorded resilient growth. The pace of growth appeared the most rapid in 2015 when the import price increased by 115%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+22.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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