Ireland: Helicopter Market 2024

Helicopter Market Size in Ireland

The Irish helicopter market dropped significantly to $X in 2022, declining by -61.1% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Helicopter Production in Ireland

In value terms, helicopter production reached $X in 2022 estimated in export price. In general, production, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of 13%. Helicopter production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Helicopter Exports

Exports from Ireland

In 2022, overseas shipments of civil helicopters decreased by 0% to X units, falling for the second consecutive year after two years of growth. Overall, exports saw perceptible growth. The most prominent rate of growth was recorded in 2016 when exports increased by 400%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, helicopter exports amounted to $X in 2022. In general, exports showed buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by 17,756% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

India (X units) was the main destination for helicopter exports from Ireland, with a 74% share of total exports. Moreover, helicopter exports to India exceeded the volume sent to the second major destination, the United States (X units), ninefold. Belgium (X units) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+17.5% per year) and Belgium (+41.4% per year).

In value terms, the largest markets for helicopter exported from Ireland were India ($X), the UK ($X) and the United States ($X), with a combined 97% share of total exports. Belgium and France lagged somewhat behind, together accounting for a further 3.4%.

In terms of the main countries of destination, Belgium, with a CAGR of +419.6%, saw the highest rates of growth with regard to 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

The average helicopter export price stood at $X per unit in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2019 an increase of 5,093% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to France ($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 Belgium (+267.4%), while the prices for the other major destinations experienced more modest paces of growth.

Helicopter Imports

Imports into Ireland

In 2022, helicopter imports into Ireland stood at X units, stabilizing at the year before. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 7,294%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, helicopter imports amounted to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 1,537% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The UK (X units), Canada (X units) and South Africa (X units) were the main suppliers of helicopter imports to Ireland, with a combined 84% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +27.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Canada ($X) and the United States ($X) were the largest helicopter suppliers to Ireland, together accounting for 97% of total imports.

Canada, with a CAGR of +88.6%, recorded the highest growth rate of the value of imports, among 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 helicopter import price amounted to $X per unit, almost unchanged from the previous year. Overall, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2013 an increase of 58% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+47.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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