In 2023, Germany's import of aircraft under-carriages and parts was valued at approximately $1.15 billion. The forecast data from 2024 to 2028 indicates a steady increase in import values from $1.1919 billion to $1.3856 billion, showcasing an upward trend. The year-on-year growth indicates a consistent increase of around 4% annually. Over the five-year period, the compound annual growth rate (CAGR) stands at approximately 3.5%, reflecting a healthy and sustained growth trajectory.
Future trends to watch for:
- Increased demand for advanced aircraft technology may drive imports further.
- Shifts in global supply chain dynamics could affect import patterns.
- Environmental regulations may influence the type and volume of under-carriages and parts imported.