In 2023, the import of parts for turbo-jet or turbo-propeller engines to the US stood at approximately 16.373 billion USD. The forecast from 2024 to 2028 shows a steady increase, with values rising from 16.905 billion USD in 2024 to 18.732 billion USD in 2028. Year-on-year percentage growth averages around 2.6% during this period. The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 2.7%, indicating a consistent upward trend in imports over the five-year span.
Future trends to watch for include the impact of technological advancements and efficiency improvements in engine parts, shifts in global supply chain dynamics, and changes in US aerospace industry demand driven by policy changes or evolving market conditions.
