Slovakia: Aircraft Propeller Market 2025

Aircraft Propeller Market Size in Slovakia

In 2022, after two years of decline, there was significant growth in the Slovak aircraft propeller market, when its value increased by 36% to $X. In general, consumption, however, recorded a perceptible contraction. Aircraft propeller consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Aircraft Propeller Exports

Exports from Slovakia

In 2022, the amount of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes exported from Slovakia soared to X tons, growing by 27% on the year before. Overall, exports saw strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by 849%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aircraft propeller exports skyrocketed to $X in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,886%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons), the United States (X tons) and Russia (X kg) were the main destinations of aircraft propeller exports from Slovakia, together accounting for 95% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +186.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), the United States ($X) and Russia ($X) appeared to be the largest markets for aircraft propeller exported from Slovakia worldwide, together accounting for 99% of total exports.

The Czech Republic, with a CAGR of +167.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average aircraft propeller export price stood at $X per ton in 2022, surging by 155% against the previous year. In general, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 215% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+662.9%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Propeller Imports

Imports into Slovakia

In 2022, imports of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes into Slovakia skyrocketed to X tons, increasing by 39% against 2021 figures. In general, imports showed slight growth. The pace of growth appeared the most rapid in 2018 with an increase of 102%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, aircraft propeller imports reached $X in 2022. Overall, imports saw a moderate expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 83%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest aircraft propeller supplier to Slovakia, accounting for a 57% share of total imports. Moreover, aircraft propeller imports from Russia exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+13.9% per year) and the United States (+27.3% per year).

In value terms, Russia ($X) constituted the largest supplier of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes to Slovakia, comprising 62% of total imports. The second position in the ranking was held by the United States ($X), with a 22% share of total imports. It was followed by the Czech Republic, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+28.3% per year) and the Czech Republic (+2.3% per year).

Import Prices by Country

In 2022, the average aircraft propeller import price amounted to $X per ton, dropping by -19.2% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aircraft propeller import price increased by +18.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 96% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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