Forecast: High-Tech Aerospace Products Imports to Denmark

The imports of high-tech aerospace products to Denmark have shown significant fluctuations over the past decade. Key observations include an overall decline since 2013, peaking inconsistently with significant increases and sharp drops. For instance, 2014 and 2021 experienced substantial year-on-year growth, while 2015, 2017, 2019, 2020, and 2022 saw considerable downturns. In 2023, the import value stood at 175.17 million Euros, marking a 3.12% decrease from the previous year. Over the last five years, the compound annual growth rate (CAGR) averaged -16.78%, indicating a downward trend.

Future trends to watch for:

  • A continued forecasted decline in imports with an average annual decrease (CAGR) of -44.4%, leading to a drastic reduction by 2028.
  • Potential shifts in government policy or supply chain dynamics that may impact import volumes.
  • Innovations and alternative technologies influencing the aerospace industry which could alter import demands.

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