U.S.: Aircraft Propeller Market 2025

Aircraft Propeller Market Size in the U.S.

The U.S. aircraft propeller market dropped to $X in 2022, with a decrease of -8.9% against the previous year. Over the period under review, consumption continues to indicate a mild curtailment. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Aircraft Propeller Production in the U.S.

In value terms, aircraft propeller production totaled $X in 2022. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume decreased by 99.9%. Aircraft propeller production peaked in 2022 and is expected to retain growth in the immediate term.

Aircraft Propeller Exports

Exports from the U.S.

In 2022, approx. X tons of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes were exported from the United States; flattening at 2021. The total export volume increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, aircraft propeller exports stood at $X in 2022. In general, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 35%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for aircraft propeller exports from the United States, accounting for a 19% share of total exports. Moreover, aircraft propeller exports to Turkey exceeded the volume sent to the second major destination, Poland (X tons), twofold. The third position in this ranking was held by the UK (X tons), with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey amounted to +39.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+110.6% per year) and the UK (-2.3% per year).

In value terms, the largest markets for aircraft propeller exported from the United States were Turkey ($X), the UK ($X) and Poland ($X), together comprising 33% of total exports.

Poland, with a CAGR of +120.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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, picking up by 1.5% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aircraft propeller export price decreased by -7.9% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 44%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 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 the UK ($X per ton), while the average price for exports to the United Arab Emirates ($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 the UK (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Propeller Imports

Imports into the U.S.

In 2022, approx. X tons of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes were imported into the United States; falling by -3.7% compared with the previous year. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 27%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, aircraft propeller imports declined modestly to $X in 2022. Overall, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2015 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 21%. Over the period under review, imports reached the maximum at $X in 2021, and then shrank slightly in the following year.

Imports by Country

France (X tons), Canada (X tons) and the UK (X tons) were the main suppliers of aircraft propeller imports to the United States, together comprising 58% of total imports. Germany, Turkey, Italy, South Africa and Austria lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +75.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aircraft propeller suppliers to the United States were France ($X), Germany ($X) and the UK ($X), together accounting for 62% of total imports. Canada, Italy, Turkey, Austria and South Africa lagged somewhat behind, together comprising a further 32%.

Turkey, with a CAGR of +83.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aircraft propeller import price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for South Africa ($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 (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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