Key Market Indicators
South Africa's aircraft parts import and export are both set for a steady growth. Imports are predicted to reach $246 million by 2026, a 0.6% year-on-year growth from 2021's $234 million. This is in spite of a 1.2% year-on-year decrease since 2005. In 2021, South Africa ranked 32nd, with Thailand at the top with $234 million. Germany, France and Singapore followed, with $233 million, $232 million and $221 million respectively. Meanwhile, exports are expected to reach $228 million by 2026, a 2% year-on-year growth from 2021's $200 million. This is despite a 0.7% year-on-year decrease since 2005. In 2021, South Africa ranked 37th, with Sweden in the lead at $200 million. Germany, Singapore and France followed, with $183 million, $180 million and $176 million respectively.