The United Kingdom leads in turnover within European air transport, with significant shares held by France and Germany. While the UK showed modest growth, Hungary, Portugal, and Belgium experienced the largest increases. Germany, Iceland, Slovenia, and Cyprus saw declines, with Iceland's turnover dropping sharply by over 25%. Over the past five years, the sector has experienced varied trends with some countries growing, while others have faced stagnation or reduction.
Future trends to watch include potential recovery and growth in Germany and Iceland. Emerging markets like Hungary and Serbia may continue their robust expansion, while mature markets stabilize. Changes may also arise due to environmental regulations shaping the industry.
Top countries in Turnover of Air Transport Share by Country (Million Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 23.36 | 2023 | +0.78% | +0.48% | View data |
2 | 2 France | 16.41 | 2023 | +13.38% | +1.86% | View data |
3 | 3 Germany | 14.65 | 2023 | +5.53% | -2.19% | View data |
4 | 4 Spain | 9.87 | 2023 | +16.23% | +2.82% | View data |
5 | 5 Netherlands | 8.49 | 2023 | +1.05% | +0.98% | View data |
6 | 6 Italy | 7.19 | 2023 | +14.62% | +1.63% | View data |
7 | 7 Norway | 3.95 | 2023 | +17.33% | +3.24% | View data |
8 | 8 Portugal | 3.64 | 2023 | +16.44% | +0.97% | View data |
9 | 9 Belgium | 3.14 | 2023 | +12.34% | +4.54% | View data |
10 | 10 Hungary | 2.93 | 2023 | +24.75% | +9% | View data |