The import of aircraft, spacecraft, and satellites to Germany has been on a consistent decline over the past decade. In 2023, the import value was $5.3724 billion, reflecting a significant reduction from $18.429 billion in 2013. The year-on-year variation for 2023 was a decline of 9.41%, and the five-year CAGR leading up to 2023 stood at -5.54%. This contraction trend has been forecasted to continue, with the value expected to drop to $2.4377 billion by 2028, marking a five-year average decline (CAGR) of -12.44%.
Future trends to watch for include technological advancements in European aerospace manufacturing, potential shifts in global supply chains, and increased emphasis on sustainability within the aerospace industry. Additionally, economic factors such as trade policies and currency fluctuations could significantly impact these projections.
