From 2014 to 2023, Finland’s air transport production value showed a mix of fluctuations, most notably a significant drop in 2020 by 17.62% due to global disruptions. The value in 2023 stood at 2.93 Billion Euros. The subsequent minor decline in 2023 by 0.71% indicates stabilization efforts but signals a slight downturn trend.
The last two years showed minimal variation, with 2022 seeing a 4.5% rise followed by a 0.71% dip in 2023. On a more extended five-year scale, the Compound Annual Growth Rate (CAGR) averaged at -1.19%, reflecting a gradual decrease. Forecasts project a further gradual decline, with an anticipated -0.6% CAGR and an overall -2.94% reduction by 2028.
Future trends to monitor include the recovery pace of international travel post-pandemic, shifts towards sustainable aviation practices, and potential impacts from emerging technologies like electric and autonomous aircraft.
