Key Market Indicators
Vincentian aircraft parts exports plummeted 95% to around $53 million in 2021, from $1.2 billion in 2020. Since 1998, the supply of Vincentian aircraft parts has declined by 62%. Germany, Singapore, and France were ranked second, third, and fourth in this ranking. Vincentian aircraft parts imports are projected to reach $580 million by 2026, up from $480 million in 2021. This is an increase of 2.9% year-on-year on a Compound Annual Growth Rate (CAGR) basis. Since 1998, demand for Vincentian aircraft parts has decreased by 0.1% year-on-year. France, Germany, and Singapore were the second, third, and fourth largest importers, respectively.
