The United States leads the global export market of gas turbine engine parts, excluding turbo-jets and turbo-propellers, constituting the largest share in US dollars for 2023. Germany and Italy follow, with significant contributions. Noteworthy year-on-year growth insights include substantial increases from countries like Poland and Malaysia, tabled with Kuwait's outstanding surge. Conversely, notable declines are observed in Ukraine and Norway. Key countries such as Singapore and Netherlands display robust growth, enhancing their positions further over five years, while some European countries exhibit moderate fluctuations.
Going forward, emerging economies like Colombia and Kuwait exhibit potential for rapid growth in this segment. Rising innovation and infrastructural investments may fuel demand, further altering traditional market dynamics. Monitoring economic stability and policy changes is essential to anticipate future trends effectively.
Top countries in Export of Parts of Gas Turbine Engines Except Turbo-Jets and Turbo-Propellers Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 22.29 | 2023 | -0.066% | +1.46% | View data |
| 2 | 2 Germany | 11.7 | 2023 | +1.26% | +1.31% | View data |
| 3 | 3 Italy | 9.2 | 2023 | -0.039% | +0.74% | View data |
| 4 | 4 Singapore | 7.68 | 2023 | +4.49% | +3.82% | View data |
| 5 | 5 Japan | 6.59 | 2023 | +1.05% | -0.46% | View data |
| 6 | 6 Switzerland | 5.9 | 2023 | -1.69% | -3.84% | View data |
| 7 | 7 Mexico | 4.3 | 2023 | +1.12% | +1.17% | View data |
| 8 | 8 United Kingdom | 4.08 | 2023 | -5.88% | -5% | View data |
| 9 | 9 France | 3.98 | 2023 | +1.49% | +1.98% | View data |
| 10 | 10 Canada | 3.61 | 2023 | +3.16% | +2.54% | View data |
