In 2023, Canada dominated the global export market for turbo-propeller engines not exceeding 1100 kW with a significant share, albeit experiencing a slight dip in exports. Singapore, Czech Republic, Mexico, and Poland saw considerable growth. Germany and France faced noticeable declines. South Korea and South Africa achieved remarkable year-on-year growth, whereas Italy, Austria, and Russia witnessed steep declines. The varied performances hint at economic challenges and competitive dynamics.
Future trends to watch include potential shifts in market dynamics driven by technological advancements, geopolitical developments, and sustainability initiatives that might impact production and exports from traditional leaders in the sector. The continued rise of Asian markets could also alter the current landscape.
Top countries in Export of Turbo-Propeller Engines of a Power Not Exceeding 1100 kW Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 60.99 | 2023 | +1.31% | -0.45% | View data |
| 2 | 2 Singapore | 10.1 | 2023 | +4.97% | +3.45% | View data |
| 3 | 3 Czech Republic | 6.7 | 2023 | +3.21% | +1.54% | View data |
| 4 | 4 United States | 5.85 | 2023 | -0.069% | -2.06% | View data |
| 5 | 5 United Kingdom | 5.35 | 2023 | +3.65% | -0.45% | View data |
| 6 | 6 Germany | 3.18 | 2023 | -2.62% | -6.91% | View data |
| 7 | 7 France | 2.83 | 2023 | +0.54% | -2.88% | View data |
| 8 | 8 Spain | 2.77 | 2023 | +5.65% | +0.58% | View data |
| 9 | 9 Mexico | 1.89 | 2023 | +3.53% | +2.71% | View data |
| 10 | 10 Brazil | 0.79 | 2023 | -1.42% | -4.12% | View data |
