International air passenger transport receipts in Brazil have shown a fluctuating trend from 2013 to 2023. After reaching a high in 2014, the value decreased significantly in 2015, followed by a peak in 2016. The period from 2017 to 2019 saw another decline, further exacerbated in 2020 due to the pandemic. However, there was a substantial recovery starting in 2021, reaching a value of $409.91 million USD in 2023. Year-on-year variations have been highly volatile, with recent years stabilizing and showing positive growth.
Key variations and trends:
- 2014 saw an increase of 81.56% from 2013
- A sharp decline of 30.3% took place in 2015
- The year 2020 experienced a dramatic drop of 58.37%
- 2021 marked a significant recovery with a 413.05% increase
- 2023 showed a positive growth of 15.1%
The compound annual growth rate (CAGR) from 2018 to 2023 was 0.41%, reflecting an overall stabilization post-pandemic recovery. Going forward, the forecasted five-year CAGR until 2028 is anticipated to be 1.12%, suggesting moderate but steady growth in international air passenger transport receipts.
Future trends to watch for include:
- Improvements in aviation infrastructure and services
- Potential economic and political influences on travel
- Technological advancements in the airline industry
- Shifts in travel behavior and preferences post-pandemic