The European production value of air transport in 2023 exhibits notable differences among countries. The United Kingdom leads with a production value of 32.56 billion Euros, followed by France and Germany. Positive annual variations were observed in Spain, Hungary, Belgium, and Austria. Conversely, some countries experienced declines, such as Germany, Finland, and Cyprus. Over the past five years, Serbia showcased the highest growth, while other smaller nations like Lithuania also recorded increases.
Future trends to watch:
- Post-pandemic recovery in air travel, potentially boosting values in 2024.
- The impact of environmental policies on air transport production.
- Technological advancements and their influence on efficiency and value generation.
- Shifts in tourism and business travel patterns affecting transport demands.
Top countries in Production Value of Air Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 32,560 | 2023 | +0.77% | +0.47% | View data |
| 2 | 2 France | 22,180 | 2023 | +13.53% | +1.61% | View data |
| 3 | 3 Germany | 17,830 | 2023 | +6.43% | -2.11% | View data |
| 4 | 4 Spain | 14,100 | 2023 | +16.92% | +3.34% | View data |
| 5 | 5 Netherlands | 11,890 | 2023 | +1.06% | +0.98% | View data |
| 6 | 6 Italy | 10,670 | 2023 | +13.87% | +1.87% | View data |
| 7 | 7 Norway | 5,540 | 2023 | +17.36% | +3.25% | View data |
| 8 | 8 Portugal | 5,170 | 2023 | +16.43% | +1% | View data |
| 9 | 9 Belgium | 4,390 | 2023 | +12.31% | +4.49% | View data |
| 10 | 10 Hungary | 3,110 | 2023 | +23.99% | +8.76% | View data |
