In 2023, France led European air passenger transport expenditure, followed by Italy and Germany. Notably, Estonia experienced the most significant growth at 32.31% year-on-year, underscoring strong travel demand. Meanwhile, Germany and Finland witnessed declines of 2.48% and 24.31%, respectively, signaling potential challenges. Although smaller markets like Iceland and Poland showed robust gains, Slovenia faced a substantial reduction. The CAGR over the past five years reveals an upward trajectory for smaller markets, aligning with a trend of increasing travel affordability and accessibility.
Looking ahead, anticipate continued expansion in Eastern Europe and sustainability-focused innovations within the air travel sector, potentially influencing expenditure shares.
Top countries in International Air Passenger Transport Expenditure Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 22.68 | 2023 | +17.24% | +0.22% | View data |
| 2 | 2 Italy | 21.48 | 2023 | +19.87% | +2.42% | View data |
| 3 | 3 Germany | 18.96 | 2023 | -1.83% | -2.48% | View data |
| 4 | 4 Sweden | 7.79 | 2023 | +22.64% | +3.57% | View data |
| 5 | 5 Austria | 5.99 | 2023 | +19.23% | +2.75% | View data |
| 6 | 6 Denmark | 5.63 | 2023 | +19.45% | +3.19% | View data |
| 7 | 7 Belgium | 5.5 | 2023 | +16.63% | +0.84% | View data |
| 8 | 8 Greece | 3.59 | 2023 | +12.85% | +1.88% | View data |
| 9 | 9 Poland | 2.84 | 2023 | +20.61% | +5.72% | View data |
| 10 | 10 Hungary | 1.58 | 2023 | +19.13% | +2.64% | View data |
