| Year | Value (Million US Dollars) | YoY Variation (%) |
|---|---|---|
| 2024 | 13.087 | - |
| 2025 | 12.634 | -3.46% |
| 2026 | 12.191 | -3.50% |
| 2027 | 11.756 | -3.57% |
| 2028 | 11.331 | -3.61% |
The Compound Annual Growth Rate (CAGR) over the last five years is -3.68%, reflecting a consistent decline in the import value of aircraft seats. This downward trend suggests a decrease in demand which may be due to market saturation or advancements in manufacturing and refurbishing capabilities within Australia.
Future trends to watch include domestic production advancements, shifts in airline purchasing behaviors, and innovations in aircraft seat technology that could affect import volumes.
