Key Market Indicators
India's aircraft parts imports are expected to total nearly $530 million by 2026, down 4% per year on average from 2021's $664 million. This would be a 19.9% decrease from 1993. In 2021, India ranked 19th in the world, with Qatar leading at $664 million. France, Germany, and Singapore were the next three countries in the rankings. Meanwhile, Indian aircraft parts exports are expected to grow 2.6% annually on average, reaching $2.17 billion by 2026. This was an increase of 2% since 1993. In 2021, Canada topped the rankings at $1.84 billion, followed by Germany, Singapore, and France.