In 2023, the import of aircraft parts to Italy stood at a certain baseline value. From 2024 onwards, imports are forecasted with the following values: 1.9126 billion USD in 2024, 1.9493 billion USD in 2025, 1.9852 billion USD in 2026, 2.0205 billion USD in 2027, and 2.055 billion USD in 2028. This represents incremental increases year-on-year, showcasing steady growth.
Year-on-year variation in percentage: Over the past two years (2023 to 2024 and 2024 to 2025), the import values are expected to rise by approximately 1.92% and 1.92%, respectively. Looking further, the annual growth rate continues to hover around similar percentages.
Future trends to watch for:
- Technological advancements and innovations in the aerospace industry could influence import demands.
- Regulatory changes and bilateral trade agreements between Italy and major aircraft part suppliers.
- Fluctuations in global economic conditions and their impact on the aerospace sector.
- Environmental regulations and the shift towards sustainable aviation technologies.