Based on the data, the aerospace industry export market share in China is forecasted to grow from 1.76 in 2024 to 1.97 in 2028. This indicates a consistent year-on-year increase. In 2023, the market share stood at 1.71, showing a year-on-year increase of about 2.92% in 2024. From 2023 to 2028, the Compound Annual Growth Rate (CAGR) is approximately 2.87%, illustrating steady growth over the five-year period.
Future trends to watch for in the Chinese aerospace export market include potential technological advancements, geopolitical influences, and increased demand for air travel. Additionally, tracking governmental policies and international trade agreements will be crucial in understanding and anticipating further shifts in the market.
