Malta: Aircraft Market 2020

Aircraft Market Size in Malta

The revenue of the aircraft market in Malta amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, aircraft consumption continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2015 when the market value increased by X% y-o-y. Malta aircraft consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Aircraft Exports

Exports from Malta

In 2018, the exports of airplanes and other aircraft from Malta totaled X units, leveling off at the previous year. Overall, aircraft exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. In that year, aircraft exports reached their peak of X units. From 2013 to 2018, the growth of aircraft exports remained at a somewhat lower figure.

In value terms, aircraft exports totaled $X in 2018. Overall, aircraft exports continue to indicate a dramatic descent. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. In that year, aircraft exports reached their peak of $X. From 2013 to 2018, the growth of aircraft exports remained at a somewhat lower figure.

Exports by Country

Iran was the major exporting country with an export of around X units, which recorded X% of total exports. It was distantly followed by China (X units), achieving a X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to aircraft exports from Iran stood at +X%. At the same time, China (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Iran (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aircraft supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Iran ($X), with a X% share of global exports.

From 2007 to 2018, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: Iran (+X% per year) and Malta (-X% per year).

Export Prices by Country

The aircraft export price in Malta stood at $X per unit in 2018, coming down by -X% against the previous year. Overall, the aircraft export price continues to indicate a precipitous decline. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. Over the period under review, the export prices for airplanes and other aircraft attained their peak figure at $X per unit in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per unit), while Iran stood at $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Iran (+X% per year).

Aircraft Imports

Imports into Malta

In 2018, approx. X units of airplanes and other aircraft were imported into Malta; rising by X% against the previous year. Overall, aircraft imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Malta imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, aircraft imports totaled $X in 2018. In general, aircraft imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. Malta imports peaked at $X in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Germany represented the main importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by Brazil (X units), constituting a X% share of total imports. The UK (X units) occupied a minor share of total imports.

Germany was also the fastest-growing in terms of the airplanes and other aircraft imports, with a CAGR of +X% from 2007 to 2018. At the same time, Brazil (+X%) and the UK (+X%) displayed positive paces of growth. From 2007 to 2018, the share of Germany, Brazil and the UK increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) constitutes the largest market for imported airplanes and other aircraft into Malta, comprising X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the UK stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the aircraft import price in Malta amounted to $X per unit, going down by -X% against the previous year. In general, the aircraft import price continues to indicate a drastic slump. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the import prices for airplanes and other aircraft attained their maximum at $X per unit in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per unit), while Germany ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform