Eastern Europe: 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 Eastern Europe

The East European turbo-jet (under X kN) market contracted significantly to $X in 2022, shrinking by -46% against the previous year. Overall, consumption, however, continues to indicate significant growth. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.

Production of Turbo-Jets Of A Thrust Not Exceeding X kN in Eastern Europe

In value terms, turbo-jet (under X kN) production declined to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 62%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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

Exports in Eastern Europe

In 2022, after five years of growth, there was significant decline in overseas shipments of turbo-jets of a thrust not exceeding X kN, when their volume decreased by -49.1% to X units. Overall, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by 128% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then fell notably in the following year.

In value terms, turbo-jet (under X kN) exports contracted remarkably to $X in 2022. Over the period under review, exports, however, saw a tangible increase. The most prominent rate of growth was recorded in 2017 with an increase of 365%. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

In 2022, Ukraine (X units) represented the main exporter of turbo-jets of a thrust not exceeding X kN, making up 61% of total exports. It was distantly followed by the Czech Republic (X units), achieving a 36% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Czech Republic (with a CAGR of +16.1%).

In value terms, Ukraine ($X) remains the largest turbo-jet (under X kN) supplier in Eastern Europe, comprising 82% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Ukraine amounted to +9.1%.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, surging by 3.9% against the previous year. Overall, the export price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when the export price increased by 210%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the Czech Republic totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.9%).

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

Imports in Eastern Europe

In 2022, approx. X units of turbo-jets of a thrust not exceeding X kN were imported in Eastern Europe; which is down by -69.1% on 2021 figures. Overall, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2014 when imports increased by 1,752% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, turbo-jet (under X kN) imports soared to $X in 2022. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 61% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) represented the major importer of turbo-jets of a thrust not exceeding X kN, generating 56% of total imports. The Czech Republic (X units) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Ukraine (13%) and Belarus (6.4%). Hungary (X units), Poland (X units) and Bulgaria (X units) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of turbo-jets of a thrust not exceeding X kN. At the same time, the Czech Republic (+2.8%) and Ukraine (+1.7%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +2.8% from 2012-2022. By contrast, Bulgaria (-4.0%), Belarus (-6.4%), Hungary (-18.4%) and Poland (-45.9%) illustrated a downward trend over the same period. While the share of Russia (+51 p.p.), the Czech Republic (+12 p.p.), Ukraine (+12 p.p.), Belarus (+5.2 p.p.) and Hungary (+3.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Poland (-88.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest turbo-jet (under X kN) importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Bulgaria ($X), with a combined 81% share of total imports.

Among the main importing countries, the Czech Republic, with a CAGR of +16.8%, 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 import price in Eastern Europe stood at $X per unit in 2022, increasing by 391% against the previous year. Overall, the import price recorded a resilient increase. The growth pace was the most rapid in 2013 an increase of 439% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+102.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :