Forecast: Value Added of Air Transport in France

The value added of air transport in France saw fluctuations over the period from 2013 to 2023, starting at €7.51 billion in 2013 and reaching €7.47 billion in 2023. Notable declines occurred in 2018 (-7.53%) and 2020 (-66.81%) due to industry disruptions, possibly from external factors such as economic downturns. However, recovery signs appeared from 2021 with a significant 93.37% rise. The Compound Annual Growth Rate (CAGR) over the last five years demonstrates an average annual growth of 1.61%.

Future trends to watch for include:

  • The forecasted steady growth at an annual rate of approximately 0.15% from 2024 to 2028.
  • Potential impacts of technological advancements and environmental regulations on the air transport sector.
  • Shifts in consumer travel behaviors and the ongoing recovery from the global pandemic.

Top Countries about Air Transport