From 2013 to 2023, the production value of air transport in Italy fluctuated significantly. Starting at 11.78 billion euros in 2013, it saw a peak in 2014 at 13.41 billion euros, followed by a decline until 2018 when it reached a low of 9.73 billion euros. The most substantial decrease occurred in 2020, with the value plummeting to 4.38 billion euros due to the pandemic. Recovery began in 2021, and by 2023, the production value rebounded to 10.67 billion euros. The year-on-year variation in 2022 and 2023 was 25.41% and 13.87%, respectively, while the CAGR over the last five years was 1.87%.
Looking forward, from 2024 to 2028, the forecast suggests a modest growth in the air transport production value. The forecasted 5-year CAGR is 0.46%, with the total value expected to reach approximately 10.99 billion euros by 2028. Key trends to watch for include the recovery trajectory from the pandemic, technological advancements, and regulatory changes impacting the industry.
