GCC: Helicopter Market 2025

Helicopter Market Size in GCC

The GCC helicopter market soared to $X in 2022, jumping by 39% against the previous year. Over the period under review, consumption, however, recorded a abrupt downturn. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Helicopter Production in GCC

In value terms, helicopter production totaled $X in 2022 estimated in export price. In general, production enjoyed a slight increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 39%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Helicopter Exports

Exports in GCC

In 2022, approx. X units of civil helicopters were exported in GCC; approximately reflecting 2021 figures. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,107%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, helicopter exports declined remarkably to $X in 2022. Overall, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 588%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, accounting for X units, which was near 95% of total exports in 2022. Oman (X units) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the civil helicopters exports, with a CAGR of +23.5% from 2012 to 2022. At the same time, Oman (+11.6%) displayed positive paces of growth. The United Arab Emirates (+2.9 p.p.) significantly strengthened its position in terms of the total exports, while Oman saw its share reduced by -4.8% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest helicopter supplier in GCC, comprising 98% of total exports. The second position in the ranking was taken by Oman ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled +9.5%.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, with a decrease of -50% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 332% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Oman amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-11.3%).

Helicopter Imports

Imports in GCC

Helicopter imports expanded remarkably to X units in 2022, increasing by 12% against the previous year. In general, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 273%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, helicopter imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2015 with an increase of 206% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the largest importer of civil helicopters in GCC, with the volume of imports amounting to X units, which was approx. 56% of total imports in 2022. Oman (X units) ranks second in terms of the total imports with a 30% share, followed by Kuwait (12%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kuwait (with a CAGR of +7.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported civil helicopters in GCC, comprising 69% of total imports. The second position in the ranking was taken by Oman ($X), with a 17% share of total imports.

In the United Arab Emirates, helicopter imports shrank by an average annual rate of -9.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Oman (-9.0% per year) and Kuwait (-6.7% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, growing by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by 283% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform