In 2023, the value added of air transport in Norway stood at 5.37 billion Norwegian Krones, showing a notable decline over the forecast period. For 2024, the forecasted value is 5.14 billion Norwegian Krones, representing a decrease. This decline continues gradually over the years with values dropping to 4.91 billion Norwegian Krones in 2025, 4.68 billion Norwegian Krones in 2026, 4.46 billion Norwegian Krones in 2027, and reaching 4.24 billion Norwegian Krones by 2028. Year-on-year variations show consistent decreases: -4.29% from 2024 to 2025, -4.68% from 2025 to 2026, -4.70% from 2026 to 2027, and -4.93% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the last five years indicates an average annual decline of approximately -4.96%.
Future trends to watch for include technological advancements in air transport, potential macroeconomic impacts, and policy changes in aviation regulations. Additionally, the influence of environmental concerns and sustainability initiatives on the air transport value chain may become increasingly significant.
