The projected imports of aircraft parts to the UK, expressed in million kilograms, are as follows:
- 2024: 20.695
- 2025: 20.329
- 2026: 19.971
- 2027: 19.62
- 2028: 19.277
Year-on-year variations in percentage are:
- 2025: -1.77%
- 2026: -1.76%
- 2027: -1.76%
- 2028: -1.75%
The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is approximately -1.78%.
Future Trends to Watch for Forecast
As the UK's imports of aircraft parts display a gradual decline over the period, likely trends to monitor include advancements in domestic aircraft part manufacturing, shifts in global supply chain logistics, and changes in trade agreements post-Brexit that could impact import volumes.