Italy: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2024

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

The Italian turbo-jet (over X kn) market soared to $X in 2021, growing by 168% against the previous year. In general, consumption, however, recorded a sharp descent. Turbo-jet (over X kn) consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, turbo-jet (over X kn) production declined slightly to $X in 2021 estimated in export price. Over the period under review, production faced a dramatic contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 25% against the previous year. Turbo-jet (over X kn) production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from Italy

In 2021, approx. X units of turbo-jets of a thrust exceeding X kn were exported from Italy; reducing by -35.3% compared with the previous year. Overall, exports, however, posted slight growth. The most prominent rate of growth was recorded in 2020 when exports increased by 538%. As a result, the exports attained the peak of X units, and then shrank significantly in the following year.

In value terms, turbo-jet (over X kn) exports dropped remarkably to $X in 2021. In general, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 4,168%. Over the period under review, the exports attained the maximum at $X in 2020, and then dropped rapidly in the following year.

Exports by Country

The UK (X units), Brazil (X units) and Switzerland (X units) were the main destinations of turbo-jet (over X kn) exports from Italy, together comprising 82% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +246.4%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for turbo-jets of a thrust exceeding X kn exports from Italy, comprising 51% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 17% share of total exports. It was followed by Brazil, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled +148.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+23.8% per year) and Brazil (-2.1% per year).

Export Prices by Country

The average turbo-jet (over X kn) export price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Overall, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 831% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to France ($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 Norway (+329.9%), 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 Italy

In 2021, the amount of turbo-jets of a thrust exceeding X kn imported into Italy surged to X units, with an increase of 163% against the previous year. Overall, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, turbo-jet (over X kn) imports skyrocketed to $X in 2021. In general, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X units), the UK (X units) and the United States (X units) were the main suppliers of turbo-jet (over X kn) imports to Italy, together accounting for 98% of total imports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +173.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of turbo-jets of a thrust exceeding X kn to Italy, comprising 62% of total imports. The second position in the ranking was taken by the UK ($X), with a 22% share of total imports. It was followed by Taiwan (Chinese), with a 15% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+201.6% per year) and Taiwan (Chinese) (+0.3% per year).

Import Prices by Country

The average turbo-jet (over X kn) import price stood at $X per unit in 2021, dropping by -25.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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