The forecast for Canada's import of turbo-propeller engines exceeding 1100 kW shows a decreasing trend from 2024 to 2028, starting at $13.196 million in 2024 and declining to $4.0959 million by 2028. In 2023, the import value was higher than in 2024, marking the beginning of a five-year decreasing trend. Year-on-year variations reflect a consistent decline, with a cumulative average growth rate (CAGR) indicating steady reductions over this period.
Future trends to watch for include technological innovations in alternative aviation power sources and potential shifts in Canada's demand for engines due to changing economic conditions or aviation industry needs.
