The turnover in Billion Euros for 2023 forecast shows Germany leading with 13.93, followed by the United Kingdom at 12.72, and Spain at 9.37. Notable year-on-year variations include Spain (27.95%), Hungary (8.64%), and Malta (24.9%). High-growth countries over the past year include Serbia (34.99%) and Spain, indicating strong market dynamics. Other significant mentions are Germany (3.25%), Italy (4.55%), and Greece (6.53%). Iceland showed a considerable decline of -17.03%.
Future Trends to Watch
Future growth in the European air transportation services sector may be influenced by technological advancements, sustainability initiatives, and geopolitical factors. Monitoring the impact of environmental regulations and innovation in efficient air traffic management will be essential. Additionally, keeping an eye on emerging markets such as Serbia and Malta will provide insights into broader regional trends.
Top countries in Turnover of Services Incidental to Air Transportation by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,930 | 2023 | +15.06% | +3.25% | View data |
| 2 | 2 United Kingdom | 12,720 | 2023 | +1.9% | +2.08% | View data |
| 3 | 3 Spain | 9,370 | 2023 | +13.06% | +27.95% | View data |
| 4 | 4 France | 6,800 | 2023 | +13.7% | +2.81% | View data |
| 5 | 5 Italy | 6,200 | 2023 | +17.86% | +4.55% | View data |
| 6 | 6 Netherlands | 2,190 | 2023 | +16.04% | +2.53% | View data |
| 7 | 7 Portugal | 2,090 | 2023 | +12.79% | +2.77% | View data |
| 8 | 8 Norway | 1,790 | 2023 | +13.35% | +1.04% | View data |
| 9 | 9 Austria | 1,590 | 2023 | +12.45% | +0.59% | View data |
| 10 | 10 Greece | 1,450 | 2023 | +18.92% | +6.53% | View data |
