In 2023, the export of aircraft parts from China amounted to 1.8509 billion USD. This figure serves as a reference for the forecasted data from 2024 onwards. The expected year-on-year changes in export values are as follows:
- From 2023 to 2024: 2.77% increase
- From 2024 to 2025: 2.90% increase
- From 2025 to 2026: 2.77% increase
- From 2026 to 2027: 2.64% increase
- From 2027 to 2028: 2.52% increase
The Compound Annual Growth Rate (CAGR) for the five years from 2024 to 2028 is projected to be approximately 2.72%, highlighting a steady growth trend in the export of aircraft parts from China.
Future trends to watch for include advancements in aerospace technology, increased demand for commercial aircraft, and potential geopolitical impacts on trade policies. Furthermore, China's continuous investment in manufacturing capabilities and infrastructure will likely support sustained growth in this export sector.
