Vietnam: Aircraft Launching Gear Market 2025

Aircraft Launching Gear Market Size in Vietnam

In 2021, the Vietnamese aircraft launching gear market increased by 307% to $X, rising for the seventh consecutive year after two years of decline. Overall, consumption, however, faced a precipitous shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Aircraft Launching Gear Production in Vietnam

In value terms, aircraft launching gear production dropped sharply to $X in 2021 estimated in export price. In general, production, however, continues to indicate a sharp decrease. Aircraft launching gear production peaked at $X in 2020, and then dropped rapidly in the following year.

Aircraft Launching Gear Exports

Exports from Vietnam

In 2021, overseas shipments of aircraft launching gear, deck-arrestor or similar gear and parts thereof increased by 813% to X tons, rising for the seventh consecutive year after two years of decline. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aircraft launching gear exports surged to $X in 2021. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for aircraft launching gear exports from Vietnam, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for aircraft launching gear, deck-arrestor or similar gear and parts thereof exports from Vietnam.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2021, the average aircraft launching gear export price amounted to $X per ton, surging by 254% against the previous year. In general, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -3.1% per year.

Aircraft Launching Gear Imports

Imports into Vietnam

Aircraft launching gear imports into Vietnam soared to X kg in 2021, picking up by 238% against the year before. Overall, imports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2019 with an increase of 6,873%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, aircraft launching gear imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a dramatic shrinkage. The growth pace was the most rapid in 2019 with an increase of 6,779%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the UK (X kg) constituted the largest aircraft launching gear supplier to Vietnam, accounting for a 83% share of total imports. Moreover, aircraft launching gear imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from the UK stood at -31.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-33.3% per year) and Russia (-72.2% per year).

In value terms, the United States ($X) constituted the largest supplier of aircraft launching gear, deck-arrestor or similar gear and parts thereof to Vietnam, comprising 76% of total imports. The second position in the ranking was taken by the UK ($X), with a 22% share of total imports. It was followed by Russia, with a 0.7% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-32.9% per year) and Russia (-72.1% per year).

Import Prices by Country

In 2021, the average aircraft launching gear import price amounted to $X per ton, which is down by -61.2% against the previous year. In general, the import price, however, continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2020 an increase of 583% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+40.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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