The import of parts of aircraft and spacecraft to Thailand witnessed fluctuations from 2013 to 2023, with values reaching $334.72 million in 2023. Year-on-year, the import volume saw a slight increase of 1.35% between 2022 and 2023, reflecting stable growth. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 1.41%, indicative of moderate and steady expansion.

Future forecasts suggest a consistent but modest growth trajectory. From 2024 to 2028, the CAGR is projected at 1.08%, with a total growth rate of 5.5% by 2028. This signifies an average annual increase expected to sustain the upward trend in imports, promoting stability in the aircraft and spacecraft parts market in Thailand.

Future trends to watch for include:

Technological advancements potentially driving increased demand for newer aircraft parts.
Economic factors and policy changes impacting import dynamics and trade relations.
Increased regional and global collaboration in aerospace projects.