Data Analysis for the period 2024-2028 reveals a consistent annual decline in imports:
- 2024: 404.24 Thousand Kilograms
- 2025: 391.76 Thousand Kilograms (-3.09%)
- 2026: 379.53 Thousand Kilograms (-3.11%)
- 2027: 367.54 Thousand Kilograms (-3.16%)
- 2028: 355.79 Thousand Kilograms (-3.20%)
The Compound Annual Growth Rate (CAGR) over the period from 2024 to 2028 stands at -3.14%, highlighting a notable downward trend.
Future Trends to Watch: The consistent decline in imports suggests a potential shift towards local production or alternative aircraft engines. Factors such as technological advancements, economic policies, and global aviation trends will play crucial roles in shaping future import patterns.
