The aerospace industry export market share in Chile was 0.053 in 2023. Forecasted data indicates a steady upward trend from 2024 to 2028, with values expected to increase from 0.055 to 0.063. Specifically, this reflects a year-on-year increase of approximately 3.64% in 2024, followed by consistent growth of around 3.51% annually. The compound annual growth rate (CAGR) over this five-year period is projected at 3.57% per annum.
Future trends to watch for:
• Emerging technologies in aerospace manufacturing to potentially boost efficiency.
• Trade policies that could impact export dynamics.
• Global demand shifts towards more sustainable aviation solutions.