The Philippines Aircraft Parts Industry Outlook 2022 - 2026

Key Market Indicators

By 2026, Filipina's imports and exports of aircraft parts are expected to reach $2.6 billion. This is an increase of 4% per annum from 2021's figure of $2 billion. Since 2001, the annual growth rate for imports has been 13%, while for exports it has been 3.1%. In 2021, the country was ranked 14th in terms of imports, with Italy coming in first at $1.16 billion. France, Germany and Singapore followed suit, making up the top four. In terms of exports, Filipina was 20th, with Belgium leading the way at $835 million. Germany, Singapore and France comprised the next three spots.

The Philippines Aircraft Parts Market Data and Forecasts

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