Eastern Europe: 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 Eastern Europe

In 2022, the East European turbo-propeller (over X kW) market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a noticeable descent. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Turbo-Propellers Of A Power Exceeding X kW in Eastern Europe

In value terms, turbo-propeller (over X kW) production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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

Exports in Eastern Europe

In 2022, the amount of turbo-propellers of a power exceeding X kW exported in Eastern Europe shrank dramatically to X units, which is down by X% compared with the previous year's figure. Over the period under review, exports faced a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, turbo-propeller (over X kW) exports shrank markedly to $X in 2022. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units), Poland (X units) and Russia (X units) represented roughly X% of total exports in 2022. Ukraine (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Moldova (X%) and Bulgaria (X%). Belarus (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) emerged as the largest turbo-propeller (over X kW) supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland amounted to X%. In the other countries, the average annual rates were as follows: Ukraine (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price saw a mild expansion. The pace of growth was the most pronounced in 2018 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X,966 per unit), while Belarus ($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 (X%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Eastern Europe

In 2022, the amount of turbo-propellers of a power exceeding X kW imported in Eastern Europe surged to X units, growing by X% on the previous year. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, turbo-propeller (over X kW) imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced slump. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Russia was the largest importer of turbo-propellers of a power exceeding X kW in Eastern Europe, with the volume of imports recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Poland (X units), constituting a X% share of total imports. Ukraine (X units) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and Russia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ukraine (X p.p.) displayed negative dynamics.

In value terms, Russia ($X), Poland ($X) and Ukraine ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Poland, with a CAGR of X%, 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X,186 per unit), while Ukraine ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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