South-Eastern Asia: Market for Turbo-Propellers Of A Power Exceeding 1,100 kW 2024

Market Size for Turbo-Propellers Of A Power Exceeding 1,100 kW in South-Eastern Asia

The Southeast Asian turbo-propeller (over X kW) market fell to $X in 2022, shrinking by X% against the previous year. In general, consumption showed a noticeable curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Turbo-Propellers Of A Power Exceeding X kW in South-Eastern Asia

In value terms, turbo-propeller (over X kW) production reached $X in 2022 estimated in export price. Over the period under review, production showed a mild reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Exports in South-Eastern Asia

After two years of decline, overseas shipments of turbo-propellers of a power exceeding X kW increased by X% to X units in 2022. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, turbo-propeller (over X kW) exports expanded notably to $X in 2022. Overall, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Singapore (X units), together recording X% of total export.

Singapore was also the fastest-growing in terms of the turbo-propellers of a power exceeding X kW exports, with a CAGR of X% from 2012 to 2022. While the share of Singapore (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) also remains the largest turbo-propeller (over X kW) supplier in South-Eastern Asia.

In Singapore, turbo-propeller (over X kW) exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price, however, continues to indicate moderate growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to X% per year.

Imports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Imports in South-Eastern Asia

Turbo-propeller (over X kW) imports declined significantly to X units in 2022, reducing by X% compared with the previous year. Overall, imports, however, recorded a modest increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, turbo-propeller (over X kW) imports declined to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Singapore represented the main importer of turbo-propellers of a power exceeding X kW in South-Eastern Asia, with the volume of imports reaching X units, which was near X% of total imports in 2022. The Philippines (X units) ranks second in terms of the total imports with a X% share, followed by Vietnam (X%). Indonesia (X units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Singapore ($X) constitutes the largest market for imported turbo-propellers of a power exceeding X kW in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore totaled X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price showed resilient growth. The pace of growth was the most pronounced in 2016 when the import price increased by X%. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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