Latin America and the Caribbean: Market for Turbo-Propellers Of A Power Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Exceeding 1,100 kW in Latin America and the Caribbean

The Latin American turbo-propeller (over X kW) market dropped to $X in 2022, which is down by X% against the previous year. In general, consumption continues to indicate a abrupt decrease. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Turbo-Propellers Of A Power Exceeding X kW in Latin America and the Caribbean

In value terms, turbo-propeller (over X kW) production contracted to $X in 2022 estimated in export price. Overall, production saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Exports in Latin America and the Caribbean

In 2022, shipments abroad of turbo-propellers of a power exceeding X kW decreased by X% to X units for the first time since 2017, thus ending a four-year declining trend. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, turbo-propeller (over X kW) exports fell to $X in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Brazil (X units), distantly followed by Colombia (X units), Cuba (X units), Chile (X units) and Trinidad and Tobago (X units) were the key exporters of turbo-propellers of a power exceeding X kW, together mixing up X% of total exports. The following exporters - Costa Rica (X units), Ecuador (X units), Guatemala (X units), Haiti (X units), Honduras (X units) and Nicaragua (X units) - each recorded a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest turbo-propeller (over X kW) supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with an X% share of total exports. It was followed by Chile, with a X% share.

In Brazil, turbo-propeller (over X kW) exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, falling by X% against the previous year. In general, the export price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Honduras ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the other leaders experienced more modest paces of growth.

Imports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Imports in Latin America and the Caribbean

In 2022, overseas purchases of turbo-propellers of a power exceeding X kW increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, turbo-propeller (over X kW) imports surged to $X in 2022. Overall, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Colombia (X units), distantly followed by Brazil (X units), Antigua and Barbuda (X units), Nicaragua (X units) and Ecuador (X units) represented the key importers of turbo-propellers of a power exceeding X kW, together achieving X% of total imports. Belize (X units), Chile (X units), Paraguay (X units), Venezuela (X units), Costa Rica (X units), Guatemala (X units), Honduras (X units) and Bahamas (X units) followed a long way behind the leaders.

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

In value terms, the largest turbo-propeller (over X kW) importing markets in Latin America and the Caribbean were Brazil ($X), Colombia ($X) and Antigua and Barbuda ($X), together comprising X% of total imports.

Among the main importing countries, Antigua and Barbuda, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Latin America and the Caribbean stood at $X per unit in 2022, surging by X% against the previous year. Import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, turbo-propeller (over X kW) import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X,494 per unit), while Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Antigua and Barbuda (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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