South Africa: Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in South Africa

The South African turbo-jet (under X kN) market contracted dramatically to $X in 2022, dropping by -36.2% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Turbo-Jets Of A Thrust Not Exceeding X kN in South Africa

In value terms, turbo-jet (under X kN) production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a deep reduction. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports from South Africa

In 2022, turbo-jet (under X kn) exports from South Africa fell notably to X units, shrinking by -27.3% on the previous year. Overall, exports recorded a precipitous curtailment. The growth pace was the most rapid in 2013 with an increase of 252% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, turbo-jet (under X kN) exports skyrocketed to $X in 2022. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 637%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), the UK (X units) and Zimbabwe (X units) were the main destinations of turbo-jet (under X kN) exports from South Africa, together accounting for 91% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +67.5%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and Zimbabwe ($X) constituted the largest markets for turbo-jet (under X kN) exported from South Africa worldwide, together comprising 66% of total exports.

Among the main countries of destination, the UK, with a CAGR of +86.1%, recorded 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 (under X kN) export price stood at $X per unit in 2022, growing by 123% against the previous year. Overall, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 2,062% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports into South Africa

In 2022, the amount of turbo-jets of a thrust not exceeding X kN imported into South Africa dropped rapidly to X units, waning by -95.9% against the previous year. Overall, imports faced a sharp contraction. The growth pace was the most rapid in 2019 with an increase of 595%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, turbo-jet (under X kN) imports shrank markedly to $X in 2022. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 1,164% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest turbo-jet (under X kN) supplier to South Africa, accounting for a 80% share of total imports. Moreover, turbo-jet (under X kN) imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X units), more than tenfold. The UK (X units) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +73.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+32.8% per year) and the UK (-3.1% per year).

In value terms, the United States ($X), Canada ($X) and the UK ($X) appeared to be the largest turbo-jet (under X kN) suppliers to South Africa, together accounting for 99% of total imports.

Canada, with a CAGR of +141.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average turbo-jet (under X kN) import price stood at $X per unit in 2022, growing by 81% against the previous year. Over the period under review, the import price recorded a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 208%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+81.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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