The export of aircraft parts from Turkey stood at $758 million in 2023. Forecasted values for upcoming years indicate a consistent upward trend: $784.25 million in 2024, $811.17 million in 2025, $837.55 million in 2026, $863.4 million in 2027, and $888.74 million in 2028. This shows a year-on-year growth of approximately 3-4% annually over the next few years, reflecting a positive trajectory. The compound annual growth rate (CAGR) for the period 2024-2028 is anticipated to hover around 3.3%, indicating steady growth.
Future trends to watch for include advancements in aerospace technology, global economic conditions, and international trade policies which could significantly influence the rate of export growth. Market diversification and Turkey's ongoing investment in manufacturing capabilities will be critical in sustaining this upward trend.
