U.S.: Helicopter Market 2024

Helicopter Market Size in the U.S.

The U.S. helicopter market rose significantly to $X in 2022, increasing by 7.5% against the previous year. Overall, consumption recorded a buoyant increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Helicopter Production in the U.S.

In value terms, helicopter production expanded to $X in 2022. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by 21% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Helicopter Exports

Exports from the U.S.

In 2022, exports of civil helicopters from the United States dropped remarkably to X units, reducing by -38.2% against 2021 figures. Overall, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 162%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, helicopter exports fell remarkably to $X in 2022. Over the period under review, exports, however, recorded resilient growth. The growth pace was the most rapid in 2019 when exports increased by 154%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) was the main destination for helicopter exports from the United States, accounting for a 37% share of total exports. Moreover, helicopter exports to Saudi Arabia exceeded the volume sent to the second major destination, Thailand (X units), twofold. Spain (X units) ranked third in terms of total exports with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled +26.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+10.4% per year) and Spain (+32.0% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for civil helicopters exports from the United States, comprising 46% of total exports. The second position in the ranking was held by Singapore ($X), with a 16% share of total exports. It was followed by India, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled +39.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+61.7% per year) and India (-10.9% per year).

Export Prices by Country

In 2022, the average helicopter export price amounted to $X per unit, picking up by 24% against the previous year. In general, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 68% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 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 Singapore ($X per unit), while the average price for exports to Lebanon ($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 Singapore (+40.8%), while the prices for the other major destinations experienced more modest paces of growth.

Helicopter Imports

Imports into the U.S.

Helicopter imports into the United States expanded rapidly to X units in 2022, growing by 7.2% against the previous year's figure. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 135% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, helicopter imports expanded remarkably to $X in 2022. Over the period under review, imports, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Canada (X units) constituted the largest supplier of helicopter to the United States, with a 52% share of total imports. Moreover, helicopter imports from Canada exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. France (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.4% per year) and France (+4.2% per year).

In value terms, Canada ($X) constituted the largest supplier of civil helicopters to the United States, comprising 52% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by France, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Canada amounted to -6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.4% per year) and France (-1.9% per year).

Import Prices by Country

The average helicopter import price stood at $X per unit in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 93% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 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 Poland ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :