In 2023, Singapore led the global exports of turbo-propeller engines exceeding 1100 kW, showing a notable year-on-year growth of 12.87%. Other significant exporters included Canada and the United Kingdom, with minor variations. Spain recorded the highest growth rate of 46.03%, while the United States and Ukraine experienced declines. Over a five-year CAGR analysis, countries with positive performance include India, with a strong upward trajectory, and the United Arab Emirates, showcasing technology advancements and strategic trade partnerships.
Future trends to watch involve increased demand for lightweight, fuel-efficient turbo-propeller engines, potentially shaping global export landscapes. Environmental regulations and technological innovations remain crucial factors for growth prospects.
Top countries in Export of Turbo-Propeller Engines of a Power Exceeding 1100 kW by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Singapore | 627,930,000 | 2023 | +4.21% | +12.87% | View data |
| 2 | 2 Canada | 611,940,000 | 2023 | +1.46% | -0.31% | View data |
| 3 | 3 United Kingdom | 570,420,000 | 2023 | +5.59% | +3.33% | View data |
| 4 | 4 Germany | 477,100,000 | 2023 | +3.42% | +5.17% | View data |
| 5 | 5 Spain | 296,420,000 | 2023 | +4.17% | +46.03% | View data |
| 6 | 6 Netherlands | 96,246,000 | 2023 | +5.11% | +3.7% | View data |
| 7 | 7 Ukraine | 62,117,000 | 2023 | -17.06% | -4.92% | View data |
| 8 | 8 India | 56,741,000 | 2023 | +1.29% | +27.08% | View data |
| 9 | 9 United States | 45,389,000 | 2023 | -11.31% | -5.74% | View data |
| 10 | 10 France | 31,531,000 | 2023 | +1.26% | -2.59% | View data |