Key Market Indicators
Estonian aerospace imports are projected to hit approximately $75 million by 2028, rising from around $64 million in 2023. This marks an average annual growth rate of 2.5%. Despite this forecasted growth, Estonia has seen a decrease in demand over the past two decades, with an annual decline of 1.9% since 2000. In 2023, Estonia ranked 25th globally in aerospace imports. Lithuania surpassed Estonia in this ranking, with imports also valued at about $64 million. Leading the global standings in aerospace imports were Singapore, Ireland, and Canada, occupying the second, third, and fourth positions, respectively.
