The turnover in the Air Transport Sector in Denmark exhibited notable fluctuations from 2013 to 2023, with a significant dip in 2020 due to the pandemic, reaching a low of 11.09 Billion Danish Krones. Recovery began in 2021, with a resurgence in 2023, peaking at 23.18 Billion Danish Krones.
Key variations:
- 2013: YoY +3.54%, CAGR +1.38%
- 2014: YoY -6.47%, CAGR +3.6%
- 2019: YoY -11.68%, CAGR -2.09%
- 2020: YoY -41.73%, CAGR -12.19%
- 2021: YoY +62.33%, CAGR -3.05%
- 2022: YoY +16.91%, CAGR -0.38%
- 2023: YoY +10.11%, CAGR +1.46%
Forecasts for 2024 onwards predict a steady recovery with a CAGR of 0.69% over the next five years, reaching 24.21 Billion Danish Krones by 2028. This suggests a stable yet modest growth trajectory.
Future trends to watch for include advancements in sustainable aviation, technological integration, and increased focus on safety and efficiency improvements. These factors will likely influence the market dynamics and growth potentials in the Danish Air Transport Sector.
