France: Aircraft Market 2024

Aircraft Market Size in France

In 2022, the French aircraft market increased by 2% to $X, rising for the third consecutive year after two years of decline. Overall, consumption enjoyed a prominent increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Aircraft Production in France

In value terms, aircraft production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 53% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Aircraft Exports

Exports from France

In 2022, aircraft exports from France surged to X units, picking up by 575% compared with the year before. Overall, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aircraft exports skyrocketed to $X in 2022. In general, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 289%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Chad (X units) was the main destination for aircraft exports from France, with a 56% share of total exports. Moreover, aircraft exports to Chad exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Niger (X units), with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chad was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+26.4% per year) and Niger (+278.0% per year).

In value terms, the largest markets for aircraft exported from France were the UK ($X), the United States ($X) and Germany ($X), together accounting for 62% of total exports. The Czech Republic, Niger, Chad, Burkina Faso and China lagged somewhat behind, together accounting for a further 11%.

In terms of the main countries of destination, Niger, with a CAGR of +516.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aircraft export price amounted to $X per unit, waning by -53.4% against the previous year. In general, the export price, however, enjoyed modest growth. The pace of growth was the most pronounced in 2013 an increase of 219% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Chad ($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 Niger (+63.2%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Imports

Imports into France

In 2022, the amount of airplanes and other aircraft imported into France dropped notably to X units, falling by -16.5% compared with the previous year's figure. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.0% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 128%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aircraft imports rose modestly to $X in 2022. Overall, imports showed a perceptible curtailment. The growth pace was the most rapid in 2014 with an increase of 92% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), the UK (X units) and Slovakia (X units) were the main suppliers of aircraft imports to France, with a combined 67% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +40.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aircraft suppliers to France were the UK ($X), the United States ($X) and Slovakia ($X), with a combined 71% share of total imports. Switzerland, Italy, Poland, Slovenia and Germany lagged somewhat behind, together accounting for a further 14%.

Switzerland, with a CAGR of +22.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aircraft import price amounted to $X per unit, growing by 22% against the previous year. Overall, the import price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2018 an increase of 115%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+3,423.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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