The aerospace industry exports in France have shown fluctuating trends over the past decade. From 2013 to 2019, exports grew moderately with occasional declines. The year 2020 witnessed a significant drop due to global disruptions, followed by a rebound starting in 2021. In 2023, exports stood at $75.39 billion, showing a positive recovery trend with a year-on-year variation of 12.81% and a 5-year CAGR of 2.29%. Future projections indicate steady growth with an average yearly increase in exports, expecting to reach $85.17 billion by 2028.
Future trends to watch for in the French aerospace industry include:
- Technological advancements in sustainable aviation fuel and electric aircraft development.
- Increasing demand from emerging markets.
- Enhanced global supply chain resilience post-pandemic.
- Regulatory changes and environmental policies influencing production and export dynamics.
