Key Market Indicators
Spanish exports of aircraft parts are expected to reach almost $3 billion by 2026, up from $2.7 billion in 2021. This will represent a year-on-year growth of 1.1%. Since 1994, exports have decreased by 3.5% annually on average. In 2021, Spain was the ninth-largest exporter, with Italy ranking first with $2.7 billion. Germany, Singapore and France came in second, third and fourth place respectively. Imports of aircraft parts into Spain are forecast to reach $2.8 billion by 2026, up from $2.4 billion in 2021. This will represent an average year-on-year growth of 2.5%. Since 1994, imports have increased by 2% annually. In 2021, Spain was the eighth-largest importer, with the United Arab Emirates ranking first with $2.4 billion. France, Germany and Singapore came in second, third and fourth place respectively.