Between 2013 and 2023, international air passenger transport receipts in France experienced fluctuating trends. The year 2023 saw receipts at 5.99 billion Euros, noting a 12.52% increase from the previous year. However, the period between 2018 and 2021 witnessed significant volatility, with a sharp decrease of 58.2% in 2020 due to the pandemic, followed by a substantial recovery of 75.82% in 2021. The average annual growth rate over the past five years (2019-2023) has been positive, at 2.01% CAGR.
Future forecasts from 2024 to 2028 indicate a gradual decline, with a predicted CAGR of -0.46%, showing a decrease in growth and a forecast aggregate decrease of 2.27%. This suggests stabilization around values close to 5.82 billion Euros by 2028.
Trends to watch for:
- The impact of global economic conditions on international travel demand.
- Changes in travel patterns post-pandemic, including shifts to alternative transport modes or destinations.
- Technological advancements and innovations in the aviation industry that improve efficiency and increase passenger volumes.
- Influence of environmental policies on international air travel.