In 2023, Slovakia led the European Air Transport Production Index with a significant value of 47.97, highlighting its robust growth with a 32.72% increase from the previous year. Hungary and Latvia followed, with values of 22.64 and 22.35, respectively, exhibiting positive year-on-year changes at 9.92% and 4.26%. Recovering from lower growth, Bulgaria presented a modest increase of 3.61%. Conversely, Germany faced a decline of 6.02%, while Romania, France, Lithuania, Czech Republic, and Sweden all saw negative shifts, with Lithuania experiencing the steepest drop of 13.45%.
Looking to the future, the forecast for the European Air Transport Production Index suggests a potential shift in regional production dynamics, with emerging economies possibly spearheading growth. Close attention should be paid to technological advancements, sustainability initiatives, and potential geopolitical factors influencing production capacities in key countries. Monitoring these elements will be crucial in shaping the future trajectory of air transport production in Europe.
Top countries in Air Transport Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 479.7 | 2022 | +66.56% | +32.72% | View data |
| 2 | 2 Hungary | 226.4 | 2022 | +86.49% | +9.92% | View data |
| 3 | 3 Latvia | 223.5 | 2022 | +129.47% | +4.26% | View data |
| 4 | 4 Bulgaria | 126.9 | 2022 | +102.07% | +3.61% | View data |
| 5 | 5 Germany | 95.7 | 2022 | +44.56% | -6.02% | View data |
| 6 | 6 Romania | 93.4 | 2022 | +39.2% | -4.42% | View data |
| 7 | 7 France | 91.3 | 2022 | +42.88% | -2.02% | View data |
| 8 | 8 Lithuania | 91.1 | 2022 | +77.93% | -13.45% | View data |
| 9 | 9 Czech Republic | 80.6 | 2022 | +86.57% | -9.01% | View data |
| 10 | 10 Sweden | 68.4 | 2022 | +96.55% | -7.91% | View data |
