The Gross Value Added (GVA) of the air transport sector in the Netherlands witnessed significant fluctuations from 2013 to 2023. The period from 2013 to 2019 saw a general upward trajectory, peaking in 2016 with a notable year-on-year increase of 11.39%. However, the onset of the COVID-19 pandemic in 2020 led to a drastic 56.39% reduction in GVA, and the sector continued to struggle through 2021. A robust recovery began in 2022 with a remarkable 95.72% increase, followed by a modest 2.66% rise in 2023, reflecting a stabilization phase.
The forecast for 2024 to 2028 anticipates steady growth, with a forecasted 5-year CAGR of 2.04%, culminating in a total growth rate of 10.61% over this period. This suggests a gradual but consistent recovery and expansion of the air transport sector.
Future trends to watch:
- Continued recovery from the COVID-19 pandemic's impact.
- Potential impacts of sustainable aviation fuel developments on sector growth.
- Technological advancements and digital transformations in air transport operations.
- Influence of global economic conditions and trade relations on air traffic volumes.
