The gross investment in Belgium's air transport sector has shown significant fluctuations over the past decade. Starting at 38.7 million Euros in 2013, it experienced peaks and troughs, with notable increases in 2015, 2018, and 2019. The value dipped significantly in 2020 due to the COVID-19 pandemic but rebounded robustly in 2021 and 2022, culminating at 135.1 million Euros in 2023. The year-on-year growth was 18.72% in 2023, reflecting a recovery trend. The average CAGR over the last five years until 2023 was 15.94%, demonstrating a strong recovery phase post-pandemic.
Future trends indicate a continued growth trajectory with an expected 3.02% CAGR over the next five years, suggesting a stable yet modest increase. By 2028, the investment is forecasted to reach 168.0 million Euros, which signifies a steady growth compared to 2023.
Future Trends to Watch:
- Technological advancements and digital transformation in air transport infrastructure.
- Increased focus on sustainable practices and green investments.
- Post-pandemic recovery in global travel demand influencing investment dynamics.
- Government policies and economic conditions affecting long-term investment plans.
