Southern Asia: Helicopter Market 2025

Helicopter Market Size in Southern Asia

The South Asian helicopter market surged to $X in 2022, picking up by 43% against the previous year. In general, consumption, however, recorded a resilient increase. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the near future.

Helicopter Production in Southern Asia

In value terms, helicopter production soared to $X in 2022 estimated in export price. Over the period under review, production enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 417% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Helicopter Exports

Exports in Southern Asia

In 2022, approx. X units of civil helicopters were exported in Southern Asia; growing by 7.5% against 2021. Overall, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, helicopter exports dropped modestly to $X in 2022. In general, exports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 when exports increased by 128%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

India was the main exporting country with an export of around X units, which recorded 51% of total exports. Sri Lanka (X units) held a 30% share (based on physical terms) of total exports, which put it in second place, followed by Afghanistan (9.3%) and Bangladesh (9.3%).

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of +12.5%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest helicopter supplying countries in Southern Asia were Sri Lanka ($X), Bangladesh ($X) and India ($X), together accounting for 99% of total exports.

Sri Lanka, with a CAGR of +44.8%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, waning by -10.2% against the previous year. In general, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when the export price increased by 352% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while Afghanistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+47.5%), while the other leaders experienced mixed trends in the export price figures.

Helicopter Imports

Imports in Southern Asia

In 2022, imports of civil helicopters in Southern Asia fell sharply to X units, with a decrease of -19.5% against the previous year's figure. In general, imports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 74%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, helicopter imports skyrocketed to $X in 2022. Overall, imports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2021 with an increase of 190%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, India (X units) represented the key importer of civil helicopters, committing 47% of total imports. It was distantly followed by Bangladesh (X units), Afghanistan (X units), Pakistan (X units), Nepal (X units) and Sri Lanka (X units), together generating a 51% share of total imports. Maldives (X units) followed a long way behind the leaders.

India experienced a relatively flat trend pattern with regard to volume of imports of civil helicopters. At the same time, Maldives (+9.1%) and Bangladesh (+2.7%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +9.1% from 2012-2022. Nepal and Pakistan experienced a relatively flat trend pattern. By contrast, Sri Lanka (-3.3%) and Afghanistan (-17.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Bangladesh, Pakistan, Nepal and Maldives increased by +20, +7.2, +3.4, +3.3 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported civil helicopters in Southern Asia, comprising 85% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 4.5% share of total imports. It was followed by Nepal, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value in India stood at +5.1%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+14.2% per year) and Nepal (+4.5% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, picking up by 110% against the previous year. Overall, the import price showed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 India ($X per unit), while Maldives ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Maldives (+11.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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