Latin America and the Caribbean: Market for Turbo-Propellers Of A Power Not Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Not Exceeding 1,100 kW in Latin America and the Caribbean

The Latin American turbo-propeller (under X kW) market reduced slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a slight contraction. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Turbo-Propellers Of A Power Not Exceeding X kW in Latin America and the Caribbean

In value terms, turbo-propeller (under X kW) production shrank to $X in 2022 estimated in export price. Overall, production recorded a mild setback. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Exports in Latin America and the Caribbean

In 2022, approx. X units of turbo-propellers of a power not exceeding X kW were exported in Latin America and the Caribbean; leveling off at 2021 figures. Over the period under review, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, turbo-propeller (under X kW) exports declined to $X in 2022. In general, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Peru (X units) and Brazil (X units) were the largest exporters of turbo-propellers of a power not exceeding X kW in 2022, amounting to near X% and X% of total exports, respectively. It was distantly followed by Costa Rica (X units), the Dominican Republic (X units), Aruba (X units) and Mexico (X units), together mixing up a X% share of total exports. Chile (X units), Ecuador (X units), Nicaragua (X units), Colombia (X units), Venezuela (X units), Honduras (X units) and Trinidad and Tobago (X units) held a little share of total exports.

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

In value terms, Brazil ($X), Peru ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Chile, Costa Rica, Venezuela, Colombia, Ecuador, the Dominican Republic, Honduras, Aruba, Trinidad and Tobago and Nicaragua lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Aruba, with a CAGR of X%, recorded 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 export price in Latin America and the Caribbean stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Nicaragua ($X per unit) was amongst the lowest.

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

Imports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Imports in Latin America and the Caribbean

In 2022, purchases abroad of turbo-propellers of a power not exceeding X kW decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, turbo-propeller (under X kW) imports shrank to $X in 2022. Over the period under review, imports recorded a mild contraction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Colombia (X units) represented the major importer of turbo-propellers of a power not exceeding X kW, making up X% of total imports. Guatemala (X units) took the second position in the ranking, distantly followed by Brazil (X units), Peru (X units) and Cuba (X units). All these countries together took approx. X% share of total imports. The following importers - Honduras (X units) and Argentina (X units) - together made up X% of total imports.

Colombia experienced a relatively flat trend pattern with regard to volume of imports of turbo-propellers of a power not exceeding X kW. At the same time, Cuba (X%), Guatemala (X%), Argentina (X%) and Peru (X%) displayed positive paces of growth. Moreover, Cuba emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Brazil experienced a relatively flat trend pattern. By contrast, Honduras (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Guatemala, Colombia, Cuba, Peru and Brazil increased by X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported turbo-propellers of a power not exceeding X kW in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Cuba ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Brazil, turbo-propeller (under X kW) imports 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: Cuba (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, therefore, remained relatively stable against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per unit), while Guatemala ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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