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

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

In 2021, the Indian turbo-jet (over X kn) market was finally on the rise to reach $X after two years of decline. Overall, consumption continues to indicate a significant increase. Turbo-jet (over X kn) consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

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

In value terms, turbo-jet (over X kn) production contracted remarkably to $X in 2021 estimated in export price. Overall, production continues to indicate a sharp descent. Turbo-jet (over X kn) production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from India

In 2021, overseas shipments of turbo-jets of a thrust exceeding X kn decreased by -10.7% to X units, falling for the third year in a row after two years of growth. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 786%. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, turbo-jet (over X kn) exports contracted to $X in 2021. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 1,479% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for turbo-jet (over X kn) exports from India, accounting for a 40% share of total exports. Moreover, turbo-jet (over X kn) exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), threefold. Germany (X units) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +77.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+24.5% per year) and Germany (+72.1% per year).

In value terms, the United States ($X) remains the key foreign market for turbo-jets of a thrust exceeding X kn exports from India, comprising 43% of total exports. The second position in the ranking was held by the UK ($X), with a 10% share of total exports. It was followed by Poland, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +211.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+61.1% per year) and Poland (+274.0% per year).

Export Prices by Country

The average turbo-jet (over X kn) export price stood at $X per unit in 2021, approximately mirroring the previous year. Over the period under review, the export price, however, saw a significant increase. The growth pace was the most rapid in 2013 an increase of 264% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into India

In 2021, imports of turbo-jets of a thrust exceeding X kn into India reached X units, with an increase of 9.1% against 2020. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 331%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, turbo-jet (over X kn) imports totaled $X in 2021. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 230%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest turbo-jet (over X kn) supplier to India, with a 43% share of total imports. Moreover, turbo-jet (over X kn) imports from the United States exceeded the figures recorded by the second-largest supplier, Singapore (X units), fourfold. The third position in this ranking was taken by Germany (X units), with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +33.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+51.1% per year) and Germany (+54.8% per year).

In value terms, the United States ($X) constituted the largest supplier of turbo-jets of a thrust exceeding X kn to India, comprising 37% of total imports. The second position in the ranking was taken by France ($X), with a 12% share of total imports. It was followed by Ireland, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +34.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+40.2% per year) and Ireland (+97.1% per year).

Import Prices by Country

In 2021, the average turbo-jet (over X kn) import price amounted to $X per unit, picking up by 3.2% against the previous year. In general, the import price showed a modest expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 43% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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