The forecasted import values from 2024 to 2028 indicate a consistent decline: 59.7 (2024), 59.35 (2025), 59.0 (2026), 58.66 (2027), and 58.33 (2028) in Thousand Kilograms. Year-on-year variations reveal a steady year-over-year decrease: -0.58% (2025), -0.59% (2026), -0.58% (2027), and -0.56% (2028). With a Compound Annual Growth Rate (CAGR) of -0.58% over these five years, the trend suggests a marginal yet consistent decrease in import volume.
Future Trends to Watch
Future trends to watch include potential developments in domestic aircraft production, changes in regulatory policies, and advancements in aviation technology, affecting the import demand for aircraft propellers, rotors, and parts. Monitoring economic growth and geopolitical factors will also be crucial in assessing the import trajectory.
