Forecast: Turnover of Air Transport in Sweden

The turnover of air transport in Sweden has demonstrated significant variability over the past decade. From 2014 to 2017, values exhibited slight growth, peaking at 3.02 billion Euros. A decline began in 2018, continuing into 2019 with a subsequent sharp drop in 2020 due to the COVID-19 pandemic, hitting a low of 1.22 billion Euros. Recovery began in 2021, with turnover reaching 2.45 billion Euros in 2022 and stabilizing at 2.71 billion Euros in 2023.

Year-on-year variations reveal notable shifts; for instance, 2020 saw a -54.84% plunge, followed by a +65.36% recovery in 2021 and a +21.02% increase in 2022. The 5-year CAGR leading into 2024 is projected at -1.09%, reflecting modest long-term contraction.

Looking ahead, forecasts indicate a gradual decline: -1.09% 5-year CAGR, suggesting turnover will decrease to 2.53 billion Euros by 2028. Monitoring economic recovery post-pandemic, sustainability initiatives, and technological advancements in aviation will be critical aspects for future trends.

Top Countries about Air Passenger Transport