The forecasted import of fixed-wing aircraft over 15,000 kg in unladen weight to the US begins in 2024 with a volume of 7.8091 million kilograms, decreasing annually to 6.1888 million kilograms by 2028, indicating a steady decline. In 2023, the import volume was 8.0226 million kilograms, showing a decrease of about 2.7% from 2023 to 2024. The year-on-year decline continues, showing a drop of approximately 5.3% in each subsequent year.
The projected Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) is approximately -5.65%, suggesting a consistent downward trend in imports.
Future trends to watch for include:
- Technological advancements in aircraft efficiency impacting demand.
- Regulatory changes affecting import policies.
- Global economic conditions influencing import capabilities and decisions.
- Shifts in domestic production capabilities potentially reducing import reliance.