The import of aircraft under-carriages and parts thereof to Argentina is on a rising trend. Forecasted values show an increase from $9.4435 million in 2024 to $11.312 million by 2028. Based on year-on-year variations, the expected growth rates are 5.1% in 2025, 4.8% in 2026, 4.4% in 2027, and 4.2% in 2028. From 2023 to 2024, the rate stands at 2.9%. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 4.3%.
Future trends to watch include:
- Changes in Argentina’s economic policies which may impact import tariffs and trade regulations.
- Technological advancements in the aviation industry potentially driving demand for newer and more sophisticated under-carriage components.
- Fluctuations in global aviation demand, which could affect the imports due to changing fleet sizes and maintenance requirements.
- Potential shifts towards domestically produced parts as local industries develop.