Spain: Aircraft Propeller Market 2025

Aircraft Propeller Market Size in Spain

The Spanish aircraft propeller market expanded to $X in 2022, growing by 2.2% against the previous year. Overall, consumption, however, continues to indicate a noticeable shrinkage. Aircraft propeller consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Aircraft Propeller Production in Spain

In value terms, aircraft propeller production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2015 when the production volume decreased by 99.9% against the previous year. Aircraft propeller production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Aircraft Propeller Exports

Exports from Spain

Aircraft propeller exports from Spain contracted notably to X tons in 2022, declining by -30.7% on the previous year. In general, exports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 161% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aircraft propeller exports declined dramatically to $X in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 170% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons), France (X tons) and Malaysia (X tons) were the main destinations of aircraft propeller exports from Spain, with a combined 71% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +75.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Germany ($X) were the largest markets for aircraft propeller exported from Spain worldwide, with a combined 59% share of total exports. Malaysia, Belgium, the United States, Brazil, Poland, Canada and the United Arab Emirates lagged somewhat behind, together accounting for a further 30%.

In terms of the main countries of destination, Belgium, with a CAGR of +116.8%, saw the highest rates of growth with regard to 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 aircraft propeller export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 45% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United Arab Emirates ($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 Belgium (+53.2%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Propeller Imports

Imports into Spain

In 2022, the amount of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes imported into Spain declined to X tons, with a decrease of -7.6% compared with 2021 figures. Over the period under review, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 161% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, aircraft propeller imports reduced dramatically to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 135%. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of aircraft propeller to Spain, with a 78% share of total imports. Moreover, aircraft propeller imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold. The third position in this ranking was held by the United States (X tons), with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at +51.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.3% per year) and the United States (-13.6% per year).

In value terms, France ($X) constituted the largest supplier of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes to Spain, comprising 69% of total imports. The second position in the ranking was taken by the United States ($X), with a 14% share of total imports. It was followed by Germany, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-12.1% per year) and Germany (+17.6% per year).

Import Prices by Country

The average aircraft propeller import price stood at $X per ton in 2022, dropping by -22.8% against the previous year. In general, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2015 an increase of 33%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, 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 United States ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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