Forecast: Value Added of Air Transport in Spain

The value added of air transport in Spain was recorded at 3.52 billion euros in 2023. In 2024, it is forecasted to rise to 3.61 billion euros, showing a year-on-year increase of 2.56%. The upward trend continues with values of 3.71 billion euros in 2025, a 2.77% increase from 2024, 3.81 billion euros in 2026, up by 2.70% from 2025, and 3.92 billion euros in 2027, an increase of 2.89% from 2026. By 2028, the projected value reaches 4.02 billion euros, showing a 2.55% rise from 2027. The compound annual growth rate (CAGR) from 2023 to 2028 stands at approximately 2.66%, indicating steady growth in the sector.

Future trends to watch for include the ongoing impact of technological advancements on operational efficiency, shifts in tourism patterns influenced by global events, and policy changes impacting the aviation industry. Monitoring the development of sustainable aviation and the adaptation of airlines to meet environmental regulations will be crucial for long-term growth in this sector.

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