Key Market Indicators
Belgian aircraft parts import is predicted to grow by 0.5% year on year on average, reaching $433 million by 2026. This is up from the 2021 figure of $415 million. In 2004, the demand for aircraft parts in Belgium fell by 0.8% year on year. In 2021, Nigeria was the top importer with $415 million, followed by France, Germany and Singapore. Belgian aircraft parts export is expected to grow by 1.5% year on year on average, reaching $1.08 billion by 2026. This is up from the 2021 figure of $974 million. Since 2004, Belgian supply of aircraft parts has increased by 2.2% year on year. In 2021, Austria was the top exporter with $974 million, followed by Germany, Singapore and France.