The air transport sector in Sweden experienced significant fluctuations over the past decade. Turnover was generally stable from 2014 to 2019, with minor year-on-year variations. A marked decline occurred in 2020, likely due to the COVID-19 pandemic, followed by a strong rebound in 2021 and continued recovery into 2022. In 2023, turnover stood at 28.16 billion SEK, just shy of pre-pandemic levels.
Year-on-year variations for the last two years show a robust rebound: 22.96% in 2022 and 12.47% in 2023. The last 5-year CAGR is -0.23%, signifying the impact of the pandemic and subsequent recovery.
Future trends to watch for:
- Stabilization post-recovery with minor fluctuations
- Possible impacts from ongoing global economic conditions
- Technological advancements in air transport efficiency
- Environmental regulations influencing operational costs