Key Market Indicators
Demand for aircraft parts in Paraguay is projected to reach $721.5 million by 2026, up from $662 million in 2021. This represents a 1.2% average annual growth rate since 1994, when the total demand was 12.4% lower than in 2021. Paraguay is currently ranked 109th in the world, with Belize overtaking it at $662 million. France, Germany and Singapore are in the top three positions. Supply of aircraft parts from Paraguay is expected to reach $224.3 million by 2026, up from $178.2 million in 2021. This indicates a 0.8% average annual growth since 1996, with Paraguay ranking 93rd in the world – overtaken by Saint Lucia at $178.2 million. Germany, Singapore and France occupy the top three positions.
