Russian Federation: Helicopter Market 2024

Helicopter Market Size in the Russian Federation

For the third year in a row, the Russian helicopter market recorded growth in sales value, which increased by 46% to $X in 2022. Over the period under review, consumption saw a measured expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Helicopter Production in the Russian Federation

In value terms, helicopter production plummeted to $X in 2022 estimated in export price. Overall, production enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by 1,155% against the previous year. Helicopter production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Helicopter Exports

Exports from the Russian Federation

In 2019, approx. X units of civil helicopters were exported from Russia; rising by 179% against the year before. In general, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, helicopter exports soared to $X in 2019. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 299%. The exports peaked at $X in 2014; however, from 2015 to 2019, the exports remained at a lower figure.

Exports by Country

Serbia (X units) was the main destination for helicopter exports from Russia, accounting for a 54% share of total exports. Moreover, helicopter exports to Serbia exceeded the volume sent to the second major destination, Lithuania (X units), fourfold. China (X units) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2019, the average annual growth rate of volume to Serbia amounted to +92.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+34.6% per year) and China (+21.9% per year).

In value terms, Serbia ($X) emerged as the key foreign market for civil helicopters exports from Russia, comprising 52% of total exports. The second position in the ranking was taken by China ($X), with a 16% share of total exports. It was followed by Thailand, with a 10% share.

From 2012 to 2019, the average annual growth rate of value to Serbia stood at +141.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+37.3% per year) and Thailand (+32.2% per year).

Export Prices by Country

The average helicopter export price stood at $X per unit in 2019, dropping by -46.1% against the previous year. Overall, the export price, however, showed a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 165% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2019, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.

Helicopter Imports

Imports into the Russian Federation

After three years of growth, supplies from abroad of civil helicopters decreased by -85.4% to X units in 2019. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 665% against the previous year. As a result, imports attained the peak of X units, and then shrank sharply in the following year.

In value terms, helicopter imports fell significantly to $X in 2019. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2017 when imports increased by 129%. Over the period under review, imports attained the peak figure at $X in 2018, and then declined remarkably in the following year.

Imports by Country

In 2019, the United Arab Emirates (X units) constituted the largest helicopter supplier to Russia, with a 45% share of total imports. Moreover, helicopter imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), threefold. Uzbekistan (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2019, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +47.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+38.9% per year) and Uzbekistan (0.0% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of civil helicopters to Russia, comprising 36% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 18% share of total imports. It was followed by Uzbekistan, with a 5.8% share.

From 2012 to 2019, the average annual growth rate of value from the Czech Republic stood at +198.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+100.9% per year) and Uzbekistan (0.0% per year).

Import Prices by Country

The average helicopter import price stood at $X per unit in 2019, growing by 250% against the previous year. Overall, the import price enjoyed a buoyant increase. The import price peaked at $X per unit in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the Czech Republic (+114.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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