From 2013 to 2019, the air transport output in Denmark exhibited minor fluctuations, generally hovering around the 21 billion Danish Krones mark without remarkable growth. The year 2020 marked a dramatic decline due to the COVID-19 pandemic, with a 43.61% drop. The sector began to recover in 2021 and 2022, with substantial year-on-year increases of 40.55% and 18.26%, respectively. By 2023, the output rebounded to 21.84 billion Danish Krones, marking a 10.95% increase from the previous year, restoring levels observed in the pre-pandemic period.
The forecast from 2024 onwards indicates a positive but modest growth trend with an average annual increase of approximately 0.94%, ultimately reaching 23.17 billion Danish Krones in 2028, representing a 4.8% growth over five years.
Future trends to watch for:
- Continued recovery and normalization post-pandemic.
- Potential advancements in sustainable aviation technologies impacting the sector's growth.
- Economic and geopolitical factors influencing air transport demand and supply in the region.
- Emerging competition from alternative transportation modes.
