Thailand: Aircraft Launching Gear Market 2024

Aircraft Launching Gear Market Size in Thailand

The Thai aircraft launching gear market was estimated at $X in 2021, surging by 2.7% against the previous year. Overall, consumption, however, enjoyed a moderate expansion. Aircraft launching gear consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Aircraft Launching Gear Production in Thailand

In value terms, aircraft launching gear production rose modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +9.9% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 51% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Aircraft Launching Gear Exports

Exports from Thailand

In 2019, shipments abroad of aircraft launching gear, deck-arrestor or similar gear and parts thereof was finally on the rise to reach X kg after two years of decline. Overall, exports, however, faced a precipitous descent. The pace of growth appeared the most rapid in 2013 when exports increased by 543%. As a result, the exports attained the peak of X tons. From 2014 to 2019, the growth of the exports remained at a lower figure.

In value terms, aircraft launching gear exports soared to $X in 2019. In general, exports, however, continue to indicate a deep contraction. The exports peaked at $X in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

France (X kg), the United States (X kg) and Singapore (X kg) were the main destinations of aircraft launching gear exports from Thailand, together accounting for 96% of total exports. These countries were followed by Indonesia, which accounted for a further 4.2%.

From 2012 to 2019, the biggest increases were recorded for Indonesia (with a CAGR of +6.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X) emerged as the key foreign market for aircraft launching gear, deck-arrestor or similar gear and parts thereof exports from Thailand, comprising 56% of total exports. The second position in the ranking was held by the United States ($X), with a 26% share of total exports. It was followed by Singapore, with a 17% share.

From 2012 to 2019, the average annual growth rate of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-33.1% per year) and Singapore (-42.7% per year).

Export Prices by Country

In 2019, the average aircraft launching gear export price amounted to $X per ton, growing by 198% against the previous year. Over the period under review, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 402%. The export price peaked in 2019 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+63.8%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Launching Gear Imports

Imports into Thailand

In 2019, approx. X tons of aircraft launching gear, deck-arrestor or similar gear and parts thereof were imported into Thailand; with an increase of 111% compared with the previous year. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 6,150%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, aircraft launching gear imports reduced markedly to $X in 2019. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 8,896% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Israel (X tons) was the main aircraft launching gear supplier to Thailand, with a approx. 98% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Israel stood at +4,753.5%.

In value terms, Israel ($X) constituted the largest supplier of aircraft launching gear, deck-arrestor or similar gear and parts thereof to Thailand.

From 2012 to 2019, the average annual growth rate of value from Israel amounted to +1,667.5%.

Import Prices by Country

In 2019, the average aircraft launching gear import price amounted to $X per kg, reducing by -66.7% against the previous year. In general, the import price continues to indicate a precipitous setback. The pace of growth appeared the most rapid in 2014 an increase of 83%. Over the period under review, average import prices reached the peak figure at $X per kg in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Israel.

From 2012 to 2019, the rate of growth in terms of prices for Singapore amounted to +28.0% per year.

Source: IndexBox Platform

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