Over the 2013-2023 period, Finland's air transport production value fluctuated, reflecting various economic and industry-specific factors. In 2023, the production value stood at 3.23 billion Euros. Year-on-year variations show notable fluctuation, such as significant decreases in 2015, 2016, and especially 2020, followed by strong recoveries in 2018 and 2021. The Compound Annual Growth Rate (CAGR) for the past five years was 1.39%. Looking forward to 2028, the forecasted 5-year CAGR is 1.37%, indicating steady, moderate growth with an overall 7.05% increase expected over this period.
Future trends to watch for:
- Impact of regulatory changes on the aviation industry
- Technological advancements and their adoption in the sector
- Effects of environmental concerns and sustainability measures
- Growth in international travel and trade
- Economic stability and consumer confidence
