The production value of air transport in Denmark showed considerable fluctuations from 2013 to 2023. In 2023, the value stood at €2.79 billion. While there were notable drops, especially in 2014 and a significant plunge in 2020 due to COVID-19, the sector recovered in subsequent years. The last two years saw an 8.57% growth in 2023. The 5-year compound annual growth rate (CAGR) stood at -0.93%, indicating a slightly declining trend on average over the past five years. However, the forecasted value remains stable with an expected CAGR of 0.15% from 2024 onwards.
Future trends to watch include:
- Technological advancements in air transport.
- Environmental regulations impacting production value.
- Global economic environments affecting air travel demand.
- Innovation in sustainable aviation fuel influencing cost structures.
