Forecast: Import of Dirigibles Balloons and Non-Powered Aircraft to India

The import of dirigibles, balloons, and non-powered aircraft to India is projected to rise steadily from 2024 to 2028, starting at 800.87 thousand USD in 2024 and reaching 869.21 thousand USD by 2028. This represents a year-on-year growth ranging between 2.19% to 1.94% over the forecasted period, indicating a consistent upward trend. As of 2023, the actual import value stood at 785.00 thousand USD, setting the baseline for these future projections. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be approximately 1.91%.

Future trends to watch:

  • Efforts to promote tourism-related activities may boost demand for non-powered aircraft like balloons.
  • Technological advancements in non-powered aircraft design could potentially drive imports.
  • Government policies on aerospace imports might impact future import values.

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