Based on the provided data, the forecast for the import of parts of balloons, dirigibles, and spacecraft to South Korea shows a steady decline from 2024 to 2028. In 2023, the import volume stood significantly higher than the forecast for 2024, indicating a downward trend in the coming years.
Year-on-year percentage variations are as follows:
- 2025: -5.06%
- 2026: -5.23%
- 2027: -5.39%
- 2028: -5.57%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 suggests an average annual decrease of approximately 5.3% in the import volume. This steady decline may be attributed to various factors such as increased local production, technological advancements, or shifts in import policy.
Future trends to watch for include potential advancements in domestic manufacturing capabilities, changes in international trade agreements, and evolving aerospace industry demands that might affect the import volumes of these parts. Monitoring these trends will be crucial for understanding and anticipating future market dynamics.
