In 2023, the import of aircraft under-carriages and parts to France stood at approximately $690 million. The forecasted data projects this to increase steadily over the next five years, reaching $761.01 million by 2028. The year-on-year growth rates reveal a consistent upward trend, with annual increases ranging around 2% to 2.5%. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is estimated at approximately 2.5%, indicating a moderate and steady expansion in imports.
Future trends to watch for include:
- Technological advancements in aircraft manufacturing that could influence the demand for specific under-carriage parts.
- Potential changes in global trade policies or economic conditions that could impact import volumes and values.
- The evolving landscape of the aviation industry, including the expansion of green aviation technologies, which might shift import demands.