Italy: Aircraft Propeller Market 2025

Aircraft Propeller Market Size in Italy

The Italian aircraft propeller market expanded modestly to $X in 2022, surging by 3.8% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Aircraft propeller consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Aircraft Propeller Production in Italy

In value terms, aircraft propeller production expanded sharply to $X in 2022 estimated in export price. In general, production recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 30% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Aircraft Propeller Exports

Exports from Italy

In 2018, exports of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes from Italy fell significantly to X tons, which is down by -19.7% compared with the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 85%. As a result, the exports attained the peak of X tons. From 2017 to 2018, the growth of the exports failed to regain momentum.

In value terms, aircraft propeller exports totaled $X in 2018. Over the period under review, total exports indicated a prominent expansion from 2012 to 2018: its value increased at an average annual rate of +5.7% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, exports increased by +87.0% against 2015 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 41% against the previous year. Over the period under review, the exports attained the maximum in 2018 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons), the United Arab Emirates (X tons) and Denmark (X tons) were the main destinations of aircraft propeller exports from Italy, together accounting for 39% of total exports. Belgium, Norway, France, Germany, the Netherlands, Australia, Croatia, Spain, Japan and the UK lagged somewhat behind, together comprising a further 31%.

From 2012 to 2018, the biggest increases were recorded for the Netherlands (with a CAGR of +260.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes exports from Italy, comprising 23% of total exports. The second position in the ranking was taken by Australia ($X), with a 9.3% share of total exports. It was followed by the United Arab Emirates, with a 7.9% share.

From 2012 to 2018, the average annual rate of growth in terms of value to the United States amounted to -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+71.3% per year) and the United Arab Emirates (-3.4% per year).

Export Prices by Country

In 2018, the average aircraft propeller export price amounted to $X per ton, growing by 25% against the previous year. Overall, the export price showed a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 104%. The export price peaked in 2018 and is likely to continue growth in the near future.

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

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Propeller Imports

Imports into Italy

In 2018, after two years of growth, there was significant decline in purchases abroad of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes, when their volume decreased by -40.9% to X tons. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2013 when imports increased by 30% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2018, the growth of imports remained at a lower figure.

In value terms, aircraft propeller imports fell to $X in 2018. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2016 when imports increased by 42% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2018, imports failed to regain momentum.

Imports by Country

In 2018, Austria (X tons) constituted the largest supplier of aircraft propeller to Italy, with a 43% share of total imports. Moreover, aircraft propeller imports from Austria exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 12% share.

From 2012 to 2018, the average annual rate of growth in terms of volume from Austria amounted to -18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-24.7% per year) and Germany (+38.6% per year).

In value terms, the United States ($X) constituted the largest supplier of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes to Italy, comprising 35% of total imports. The second position in the ranking was held by Australia ($X), with a 5.9% share of total imports. It was followed by Malaysia, with a 5.1% share.

From 2012 to 2018, the average annual growth rate of value from the United States stood at -18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+546.2% per year) and Malaysia (+426.9% per year).

Import Prices by Country

The average aircraft propeller import price stood at $X per ton in 2018, surging by 58% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The growth pace was the most rapid in 2014 an increase of 71% against the previous year. Over the period under review, average import prices attained the maximum in 2018 and is expected to retain growth in the immediate term.

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

From 2012 to 2018, the most notable rate of growth in terms of prices was attained by Australia (+69.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :