The production value of freight air transport and space transport in Germany exhibited fluctuations from 2013 to 2023. Starting in 2013 at 4.28 billion Euros, it saw fluctuations over the decade. Notably, it dropped to 3.17 billion Euros in 2018 but gradually recovered, standing at 3.53 billion Euros in 2023.
From 2013 to 2023, the notable variations included an 8.5% decrease in 2016 followed by a 19.84% increase in 2017. The years 2018 and 2019 saw significant drops of 27.38% and 6.12%, respectively, while 2020 to 2023 showed modest growth rates of around 2-7%. The last 5-year CAGR as of 2023 was approximately 2.18%.
From 2024 onwards, the forecast suggests a gradual upward trend, with the production value projected to reach 3.76 billion Euros by 2028. The forecasted 5-year CAGR is 0.91%, indicating stable but slow growth with an overall growth rate of 4.64% by 2028.
Future trends to watch for include the impact of technological advancements in space transport and the ongoing recovery from economic disruptions. Sustainable and green technologies are likely to influence growth, as well as the dynamics of global trade and logistics.
