In 2023, the import value of aircraft under-carriages and parts to Singapore stood at 84.745 million USD. From 2024 to 2028, the forecasted data shows a slight but steady increase in imports, reaching 88.42 million USD in 2028. The year-on-year variation from 2024 to 2025 is 0.89%, from 2025 to 2026 is 0.87%, from 2026 to 2027 is 0.84%, and from 2027 to 2028 is 0.82%. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 0.88%.
Future trends to watch for:
- Technological advancements in aircraft manufacturing
- Changes in global aviation regulations
- Variations in fuel prices influencing airline demand
- Geopolitical factors affecting global trade and supply chains
