U.S. Aircraft Market. Analysis And Forecast to 2025
Aircraft Market - After a Period of Weak Recovery, U.S. Aircraft Imports Boosted Up in the Recent Years
The U.S. takes third place in imports on the aircraft market with a 12% share (based on USD), following China (18%) and Germany (14%). In 2015, U.S. aircraft imports totaled 18,322 million USD, which was 1,523 million USD (+9%) more than the year before.
A significant drop by -25% in 2009 continued in 2010, when imports fell by another -5%. The recovery started only in 2011, and continued modestly in 2012, followed by a rapid boost in 2013-2015. Overall, there was an annual increase of +15.6% for the period from 2010 (market bottom) to 2015. In 2013, U.S. aircraft imports overcame the pre-recession level achieved in 2008.
The U.S. remains one of the most attractive destinations for overseas suppliers. Canada, France, Germany and Brazil were the main suppliers of aircrafts into the U.S., with a combined 95% share of total U.S. imports in 2015. Germany (+23.3% per year) was the fastest growing supplier from 2007 to 2015, and significantly strengthened its position in the U.S. import structure, from 6% in 2007 to 22% in 2015. By contrast, Canada (from 36% to 31%) and France (from 36% to 26%) saw theirs shares reduced.
From 2007 to 2015, the U.S. was a net importer of aircrafts. Moreover, imports grew faster than exports on average over the period under review.
Net US imports of aircrafts showed a positive trend over the period under review. In 2015, this industry ran a significant trade deficit of 14.6 billion USD, approximately 80% of gross imports.
Do you want to know more about the U.S. aircraft market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- aircraft market share
- aircraft prices
- aircraft industry
- aircraft sales
- aircraft market forecast
- aircraft price forecast
- key aircraft producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the aircraft market in the USA. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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