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

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

The North American turbo-jet (over X kn) market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, turbo-jet (over X kn) production expanded to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 16%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports in Northern America

In 2021, approx. X units of turbo-jets of a thrust exceeding X kn were exported in Northern America; surging by 11% against the year before. In general, exports showed a tangible increase. The most prominent rate of growth was recorded in 2016 when exports increased by 198%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, turbo-jet (over X kn) exports rose significantly to $X in 2021. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 56%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Canada was the key exporter of turbo-jets of a thrust exceeding X kn in Northern America, with the volume of exports finishing at X units, which was near 77% of total exports in 2021. It was distantly followed by the United States (X units), generating a 23% share of total exports.

Canada was also the fastest-growing in terms of the turbo-jets of a thrust exceeding X kn exports, with a CAGR of +4.6% from 2012 to 2021. The United States (-3.4%) illustrated a downward trend over the same period. Canada (+15 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -14.9% from 2012 to 2021, respectively.

In value terms, Canada ($X) remains the largest turbo-jet (over X kn) supplier in Northern America, comprising 72% of total exports. The second position in the ranking was held by the United States ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Canada stood at +9.2%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, almost unchanged from the previous year. In general, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of 429% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+22.9%).

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports in Northern America

After two years of decline, supplies from abroad of turbo-jets of a thrust exceeding X kn increased by 393% to X units in 2021. Over the period under review, imports posted a prominent 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 reduced to $X in 2021. Overall, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2018 with an increase of 57% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States prevails in imports structure, amounting to X units, which was approx. 94% of total imports in 2021. It was distantly followed by Canada (X units), achieving a 6.1% share of total imports.

The United States was also the fastest-growing in terms of the turbo-jets of a thrust exceeding X kn imports, with a CAGR of +26.0% from 2012 to 2021. Canada (-3.6%) illustrated a downward trend over the same period. While the share of the United States (+36 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-35.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported turbo-jets of a thrust exceeding X kn in Northern America, comprising 90% of total imports. The second position in the ranking was held by Canada ($X), with a 10% share of total imports.

In the United States, turbo-jet (over X kn) imports increased at an average annual rate of +4.7% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, which is down by -82.7% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2019 when the import price increased by 241% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-1.5%).

Source: IndexBox Platform

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