Spain: Market for Turbo-Propellers Of A Power Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Exceeding 1,100 kW in Spain

For the third consecutive year, the Spanish turbo-propeller (over X kW) market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a noticeable decline. Turbo-propeller (over X kW) consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Turbo-Propellers Of A Power Exceeding X kW in Spain

In value terms, turbo-propeller (over X kW) production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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

Exports from Spain

In 2022, approx. X units of turbo-propellers of a power exceeding X kW were exported from Spain; increasing by X% against 2021. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained 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 skyrocketed to $X in 2022. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for turbo-propeller (over X kW) exports from Spain, accounting for a X% share of total exports. Moreover, turbo-propeller (over X kW) exports to the United States exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold. The third position in this ranking was held by the UK (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the UK (X% per year).

In value terms, the United States ($X) remains the key foreign market for turbo-propellers of a power exceeding X kW exports from Spain, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Mexico (X% per year).

Export Prices by Country

The average turbo-propeller (over X kW) export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 ($X,858 per unit), while the average price for exports to Turkey ($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 Mexico (X%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Spain

In 2022, overseas purchases of turbo-propellers of a power exceeding X kW decreased by X% to X units, falling for the sixth year in a row after five years of growth. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, turbo-propeller (over X kW) imports dropped notably to $X in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of turbo-propeller (over X kW) to Spain, accounting for a X% share of total imports. Moreover, turbo-propeller (over X kW) imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by Canada (X units), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of turbo-propellers of a power exceeding X kW to Spain, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Canada (X% per year).

Import Prices by Country

In 2022, the average turbo-propeller (over X kW) import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a 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 Canada ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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