Year: 2024 | Value: $20.384 Million
Year: 2025 | Value: $20.673 Million
Year: 2026 | Value: $20.955 Million
Year: 2027 | Value: $21.232 Million
Year: 2028 | Value: $21.504 Million
Year-on-Year Variation:
- 2024-2025: (20.673 - 20.384) / 20.384 * 100 = 1.4%
- 2025-2026: (20.955 - 20.673) / 20.673 * 100 = 1.4%
- 2026-2027: (21.232 - 20.955) / 20.955 * 100 = 1.3%
- 2027-2028: (21.504 - 21.232) / 21.232 * 100 = 1.3%
Compound Annual Growth Rate (CAGR):
Using the formula for CAGR:
CAGR = [(21.504 / 20.384)^(1/4) - 1] * 100 = 1.33%
The import of aircraft propellers, rotors, and parts to China is expected to show modest growth with an average annual increase of approximately 1.33%. Key trends to monitor include advancements in aircraft technology, shifts in global supply chains, and policy changes affecting trade between major aerospace-producing nations and China.
