The forecast for the import of aircraft parts to Argentina shows a steady upward trend from 2024 to 2028. In 2023, the import volume stood at 19.65 thousand kilograms. The forecasted values indicate year-on-year percentage increases of 3.50% in 2024, 3.50% in 2025, 3.33% in 2026, 3.07% in 2027, and 2.99% in 2028. The compound annual growth rate (CAGR) for these five years is approximately 3.28%.
Future trends to watch for:
- Technological advancements in aerospace manufacturing that could affect import volumes.
- Changes in trade policies and tariffs that might impact import costs and volumes.
- Economic and political stability in Argentina, which could influence investment in aviation.
- Global supply chain dynamics and potential disruptions, especially considering the recent pandemic's long tail effects.