The import of aircraft and spacecraft parts to Germany in 2023 stood at 9.4616 Billion US Dollars. The year-on-year variation for 2023 was a 1.34% increase, indicating modest growth. Over the past two years, the trend has shown stability with a minor growth uptick in 2022 (6.72%). The Compound Annual Growth Rate (CAGR) over the last five years was 0.35%, reflecting moderate fluctuations but overall consistent demand.

Future trends to watch for:

Gradual increase in import value, with a forecasted CAGR of 1.06% over the next five years, showing a steady growth trajectory.
The expected import value is projected to reach 10.086 Billion US Dollars by 2028, a growth rate of 5.43% compared to 2023.
Potential growth factors include advancements in aerospace technology and increased demand for aircraft parts driven by higher air traffic and fleet modernization.