The forecast for the import of turbo-propeller engines (up to 1100 kW) to Canada shows a steady increase from 2024 to 2028. The values predict year-on-year growth rates of approximately 1.8% in 2025, 1.7% in 2026, 1.7% in 2027, and 1.6% in 2028. Using these projections, the compound annual growth rate (CAGR) over the five-year period is estimated to be around 1.7%. As data for 2023 is not provided, comparisons for this baseline year are unavailable.
Key future trends to watch for:
- Technological advancements in aerodynamics and engine efficiency could influence demand growth.
- Government policies affecting trade and sustainable aviation fuel development may impact import volumes.
- Economic conditions and investment in aviation infrastructure will play a significant role.