In 2023, France's high-tech aerospace imports stood at 21.47 billion Euros. Analyzing the data from 2013 to 2023, the sector experienced fluctuating year-on-year variations. After a peak in 2015, the import value fluctuated until a significant drop occurred in 2020, coinciding with the global impact of the COVID-19 pandemic. This was followed by a recovery starting in 2022, achieving a notable 13.88% increase in 2023. The CAGR over the last five years stands at 5.04%, reflecting a moderate growth trend post-pandemic.
Future trends to watch include:
- Potential continued growth driven by advancements in aerospace technology.
- Global economic recovery influencing increased demand and imports.
- Geopolitical factors impacting international trade policies and tariffs.
- Sustainability initiatives and regulations promoting eco-friendly aerospace technologies.