Import of Aircraft, Spacecraft and Satellites to Finland showed significant fluctuations over the past decade. The highest import value was recorded in 2016, peaking at 671.59 million USD. By 2023, the import value stood at 286.17 million USD, showing a decline in recent years. The year-on-year variation for 2023 was -2.01%, indicating a decrease compared to the previous year. The compound annual growth rate (CAGR) from 2018 to 2023 was 12.41%, revealing variability in import trends.
Future forecast (2024-2028):
- 2024: 278.65 million USD
- 2025: 272.44 million USD
- 2026: 266.36 million USD
- 2027: 260.4 million USD
- 2028: 254.55 million USD
The 5-year forecast CAGR is projected to be -1.79%, with an overall decline rate of -8.65% over this period. This suggests a gradual decrease in imports of these items over the coming years.
Future trends to watch for include potential impacts from technological advancements, geopolitical developments, and changes in demand for aviation and space technology within Finland. Monitoring global market trends and innovations will be crucial for making informed decisions on import strategies.
