The value added of air transport in Denmark experienced fluctuating trends between 2013 and 2023, with a notable decline in 2014 and 2018, but general growth thereafter. By 2023, the sector stood at 6.14 billion Danish Krones, showing steady growth over the last few years, with a year-on-year increase of 1.99% and a cumulative average growth rate (CAGR) of 2.32% over the past five years. This period depicts a fairly robust recovery and gradual increase post-2018 decline.
Looking ahead, the forecasted data from 2024 to 2028 suggests a continuation of this steady growth pattern, with the value expected to reach 6.71 billion Danish Krones by 2028. This results in a forecasted 5-year CAGR of 1.39% and an overall growth rate of 7.16% from 2024 to 2028.
Future trends to watch for include:
- Technological advancements in air transport operations and efficiencies.
- Possible impacts of regulatory changes and environmental policies on the aviation sector.
- Shifts in passenger preferences and economic factors influencing air travel demand.
- Global events and their potential impact on air travel and transport logistics.
