The UK aerospace industry imports experienced varying annual changes from 2013 to 2023, peaking in 2016 at 34.3 billion USD before a substantial dip to 20.08 billion USD in 2021. Imports rebounded to 32.31 billion USD in 2023. The year-on-year variation for 2023 was 8.72%, while the CAGR from 2019 to 2023 was 1.3%. Forecasts indicate steady growth, with a projected value of 35.11 billion USD by 2028 and a forecasted 5-year CAGR of 1.32%, representing a 6.77% growth over five years.

Future trends to watch for:

Technological advancements and innovation in aerospace increasing demand for specific components.
Changing geopolitical climates affecting trade policies and import tariffs.
Environmental regulations potentially influencing the types of aerospace imports in the UK.