Key Market Indicators
Dane Aerospace Export is projected to reach approximately $404 million by 2028, up from about $399 million in 2023, marking a modest annual growth rate of 0.2%. However, since 1993, the country's aerospace supply has seen a yearly decline of 2.7%. In 2023, Dane ranked 22nd in global aerospace exports, with South Africa slightly ahead at $399 million. Leading the rankings were France, Germany, and Singapore, occupying the second, third, and fourth positions respectively. On the import side, Dane Aerospace is expected to hit around $711 million by 2028, compared to nearly $687 million in 2023, with an annual growth rate of 0.6%. Since 1993, the country's demand for aerospace imports has decreased by 1.6% annually. In 2023, Dane was the 21st largest importer in the aerospace sector, with Finland just ahead at approximately $687 million. Singapore, Ireland, and Canada held the second, third, and fourth spots in the import rankings, respectively.
