Research Report on China Aircraft Import 2023-2032

Research Report on China Aircraft Import 2023-2032

Aircrafts are the main tool and carrier for airlines to carry out production and business activities, and are mainly used in the fields of air transportation and general aviation. With the development of China's economy and the improvement of residents' material living standards, more and more consumers are choosing airplanes as a means of travel, while China's booming e-commerce and express delivery industries have also contributed to the development of the aircraft market.

Most Chinese aircraft manufacturers lack independent R&D capabilities and their own intellectual property rights are scarce; therefore, Chinese aircraft are still mainly dependent on imports. According to CRI's analysis, from 2020-2022, China's aircraft imports declined continuously due to the impact of COVID-19 on the air transportation industry. In 2021, China imported 529 aircraft, down 9.42% year-on-year, with an import value of US$10.051 billion, up 46.83% year-on-year. From January to November 2022, China imported 138 aircraft, down 72.62% year-on-year, with an import value of US$6.073 billion, down 30.87% year-on-year.

In 2021, China imports aircraft from a total of 15 countries and regions. CRI analysis shows that the U.S., Germany, France, Canada and Austria are China's major sources of aircraft imports by volume. In 2021, China imported 105 aircraft from the U.S., accounting for 19.85% of total aircraft imports that year, with an import value of US$2.191 billion, or 21.80% of total imports.

China's civil aviation industry is expected to see strong growth as the global and Chinese COVID-19 outbreak dissipates, and CRI expects China's aircraft imports to gradually expand from 2023-2032 to meet passenger travel and cargo demand.

Topics covered:

• China's Aircraft Import Status and Major Sources in 2018-2022 
• What is the Impact of COVID-19 on China's Aircraft Import?
• Which Companies are the Major Players in China's Aircraft Import Market and What are their Competitive Benchmarks?
• Key Drivers and Market Opportunities in China's Aircraft Import
• What are the Key Drivers, Challenges, and Opportunities for China's Aircraft Import during 2023-2032?
• What is the Expected Revenue of China's Aircraft Import during 2023-2032?
• What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
• What are the Competitive Advantages of the Major Players in China's Aircraft Import Market?
• Which Segment of China's Aircraft Import is Expected to Dominate the Market in 2032?
• What are the Major Adverse Factors Facing China's Aircraft Import?