Key Market Indicators
South Africa's aerospace export is expected to drop to $279 million by 2026, down from $305 million in 2021. This is a 3.3% drop on average year-on-year. Since 1997, the country's export has declined by 12.6% year-on-year. In 2021, South Africa was ranked 30th, overtaken by Romania with $305 million. France, Germany and the United Kingdom ranked 2nd, 3rd and 4th in the rankings. South Africa's aerospace import is forecast to reach $448 million by 2026, down from $564 million in 2021. This is a 7.4% drop on average year-on-year. Since 1997, the country's demand has decreased by 15.7% year-on-year. In 2021, South Africa was ranked 30th, overtaken by Luxembourg with $564 million. Germany, France and the United Kingdom ranked 2nd, 3rd and 4th in the rankings.
