Malaysia: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2025

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

In 2021, the Malaysian turbo-jet (over X kn) market decreased by -24.9% to $X, falling for the third year in a row after two years of growth. Overall, consumption, however, posted a resilient expansion. Turbo-jet (over X kn) consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

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

In value terms, turbo-jet (over X kn) production fell markedly to $X in 2021 estimated in export price. Over the period under review, production saw a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 158% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from Malaysia

In 2021, approx. X units of turbo-jets of a thrust exceeding X kn were exported from Malaysia; picking up by 600% on the year before. Over the period under review, exports enjoyed buoyant growth. The growth pace was the most rapid in 2013 with an increase of 2,333%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, turbo-jet (over X kn) exports surged to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 2,001%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units), the Philippines (X units) and India (X units) were the main destinations of turbo-jet (over X kn) exports from Malaysia, with a combined 57% share of total exports. Moreover, turbo-jet (over X kn) exports in the UK exceeded the figures recorded by the second-largest exporter, the Philippines, twofold.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for turbo-jet (over X kn) exported from Malaysia were Hong Kong SAR ($X), the UK ($X) and India ($X), with a combined 91% share of total exports.

Among the main countries of destination, Hong Kong SAR, with a CAGR of +79.3%, saw the highest growth rate of 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 turbo-jet (over X kn) export price stood at $X per unit in 2021, shrinking by -61.3% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 140% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Turkey ($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 Hong Kong SAR (+15.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into Malaysia

In 2021, approx. X units of turbo-jets of a thrust exceeding X kn were imported into Malaysia; rising by 1,100% against 2020. Over the period under review, imports, however, saw a abrupt shrinkage. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, turbo-jet (over X kn) imports soared to $X in 2021. Overall, imports, however, showed a precipitous curtailment. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X units), France (X units) and India (X units) were the main suppliers of turbo-jet (over X kn) imports to Malaysia, with a combined 50% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +14.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constituted the largest supplier of turbo-jets of a thrust exceeding X kn to Malaysia, comprising 45% of total imports. The second position in the ranking was held by India ($X), with a 13% share of total imports. It was followed by Belgium, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Singapore stood at +133.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+42.7% per year) and Belgium (+27.7% per year).

Import Prices by Country

The average turbo-jet (over X kn) import price stood at $X per unit in 2021, which is down by -32.3% against the previous year. Overall, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 172%. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 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 Singapore ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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