In 2023, the import value of non-powered aircraft to India stood at $780.34 thousand USD. From 2024 onwards, the values are forecasted, estimating a consistent increase: $795.46 thousand USD in 2024, $812.23 thousand USD in 2025, $828.66 thousand USD in 2026, $844.76 thousand USD in 2027, and $860.54 thousand USD in 2028. The year-on-year variation from 2023 to 2024 is 1.9%, and from 2024 to 2025 is 2.1%. Historically, annual growth rates have indicated a trend towards a cumulative annual growth rate (CAGR) of approximately 1.8% over these five years.
Future trends to watch for include technological advancements in non-powered aviation, regulatory changes that may impact import dynamics, and evolving market demand which can be influenced by recreational and commercial aviation activities in India. Additionally, monitoring the international trade policies and bilateral agreements could play a significant role in the import patterns for non-powered aircraft in India.
