United Kingdom: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in the UK

The UK balloon and dirigible market shrank sharply to $X in 2022, which is down by X% against the previous year. Overall, consumption showed a noticeable descent. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Balloon And Dirigible Production in the UK

In value terms, balloon and dirigible production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Balloon and dirigible production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Balloon And Dirigible Exports

Exports from the UK

For the fourth consecutive year, the UK recorded growth in overseas shipments of balloons, dirigibles and other non-powered aircraft, which increased by X% to X units in 2022. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, balloon and dirigible exports skyrocketed to $X in 2022. Overall, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for balloon and dirigible exports from the UK, accounting for a X% share of total exports. Moreover, balloon and dirigible exports to Spain exceeded the volume sent to the second major destination, the United States (X units), eightfold. Tanzania (X units) ranked third in terms of total exports with a X% share.

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

In value terms, France ($X), the United States ($X) and Tanzania ($X) were the largest markets for balloon and dirigible exported from the UK worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Tanzania, with a CAGR of X%, 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

In 2022, the average balloon and dirigible export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Spain ($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 Tanzania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Balloon And Dirigible Imports

Imports into the UK

In 2022, purchases abroad of balloons, dirigibles and other non-powered aircraft decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, balloon and dirigible imports plummeted to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2021, and then reduced markedly in the following year.

Imports by Country

The Netherlands (X units), Denmark (X units) and the United States (X units) were the main suppliers of balloon and dirigible imports to the UK, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest balloon and dirigible suppliers to the UK were the Netherlands ($X), the United States ($X) and Germany ($X), together accounting for X% of total imports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to 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 balloon and dirigible import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2016 an increase of X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Qatar ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :