Indonesia: Aircraft Launching Gear Market 2024

Aircraft Launching Gear Market Size in Indonesia

The Indonesian aircraft launching gear market rose rapidly to $X in 2021, increasing by 11% against the previous year. In general, consumption posted resilient growth. Aircraft launching gear consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Aircraft Launching Gear Production in Indonesia

In value terms, aircraft launching gear production rose slightly to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by 24% against the previous year. Aircraft launching gear production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Aircraft Launching Gear Exports

Exports from Indonesia

In 2021, shipments abroad of aircraft launching gear, deck-arrestor or similar gear and parts thereof decreased by -89% to X kg, falling for the second year in a row after two years of growth. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 when exports increased by 886% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, aircraft launching gear exports declined sharply to $X in 2021. Over the period under review, exports showed a precipitous decline. The growth pace was the most rapid in 2018 with an increase of 440% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for aircraft launching gear exports from Indonesia, accounting for a 83% share of total exports. Moreover, aircraft launching gear exports to the UK exceeded the volume sent to the second major destination, Malaysia (X kg), ninefold. The Philippines (X kg) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-19.4% per year) and the Philippines (-28.1% per year).

In value terms, the UK ($X) remains the key foreign market for aircraft launching gear, deck-arrestor or similar gear and parts thereof exports from Indonesia, comprising 91% of total exports. The second position in the ranking was held by the United States ($X), with a 3.5% share of total exports. It was followed by Malaysia, with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-42.3% per year) and Malaysia (-35.3% per year).

Export Prices by Country

The average aircraft launching gear export price stood at $X per ton in 2021, which is down by -36.3% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 an increase of 45%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-8.2%), while the prices for the other major destinations experienced a decline.

Aircraft Launching Gear Imports

Imports into Indonesia

In 2021, supplies from abroad of aircraft launching gear, deck-arrestor or similar gear and parts thereof decreased by -10.5% to X tons for the first time since 2015, thus ending a five-year rising trend. Overall, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 1,455%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, aircraft launching gear imports reduced markedly to $X in 2021. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 2,481% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X tons), Spain (X tons) and the United Arab Emirates (X tons) were the main suppliers of aircraft launching gear imports to Indonesia, together comprising 81% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +83.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Spain ($X) and the United States ($X) constituted the largest aircraft launching gear suppliers to Indonesia, with a combined 93% share of total imports. The United Arab Emirates, Singapore and Malaysia lagged somewhat behind, together comprising a further 6.1%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +61.2%, saw the highest growth rate of 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

In 2021, the average aircraft launching gear import price amounted to $X per ton, waning by -9.1% against the previous year. In general, the import price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 66% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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