The air transport production value in Belgium showed significant fluctuations from 2013 to 2023. Starting at €3.45 billion in 2013, it peaked at €5.01 billion in 2019 before dropping sharply to €2.68 billion in 2020 due to the impact of the COVID-19 pandemic. Notable recovery efforts saw the production value rise to €4.39 billion by 2023, reflecting a year-on-year increase of 12.31% and an average annual growth rate (CAGR) of 4.49% over the previous five years.

Future trends to watch for:

Continued recovery post-pandemic with forecasted values rising to €4.78 billion in 2028.
An expected 5-year CAGR of 1.35%, indicating moderate growth.
Potential impacts of sustainability measures and technological advancements in aviation.