Forecast: Value Added of Air Transport in Germany

The value added of air transport in Germany experienced considerable fluctuations from 2013 to 2023, peaking in 2023 at 8.39 billion euros. The period saw year-on-year variations driven by market dynamics, with a notable decline during the pandemic in 2020, followed by a steady recovery. Most recently, from 2021 to 2023, the value increased with an average growth (CAGR) of 2.71% over the past five years. Forecasts from 2024 to 2028 indicate continued growth with an anticipated CAGR of 1.71%, reaching 9.34 billion euros by 2028.

Future trends to watch include:

- Technological advancements impacting operational efficiency.

- Environmental policies influencing sustainable practices.

- Geopolitical factors affecting international air travel demand.

- Economic conditions driving passenger and cargo volumes.

- The impact of digital transformation on the air transport sector.

Top Countries about Air Passenger Transport