In 2023, France led the European aircraft and spacecraft turnover, contributing significantly at 51.42 million Euros. The United Kingdom and Germany followed, with 18.8 and 15.16 million Euros, respectively. Notably, countries like Romania and Portugal showed robust year-on-year growth rates above 9%, while Greece experienced a decrease of 13.45%. Poland and Serbia also showed impressive growth rates of 6.58% and 28.98%, respectively. Overall, Eastern European countries exhibited promising annual growth rates over the past five years.
Future trends to watch include the potential for emerging markets in Eastern Europe to continue showing strong growth, bolstered by increased investment and technological advancement. Additionally, France is likely to maintain its lead, but the UK and Germany are expected to remain competitive by leveraging innovation and strategic partnerships in the aerospace sector.
Top countries in Aircraft and Spacecraft Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 51.42 | 2023 | +13.05% | +5.55% | View data |
| 2 | 2 United Kingdom | 18.8 | 2023 | +2.28% | +4.41% | View data |
| 3 | 3 Germany | 15.16 | 2023 | +8.68% | +3.68% | View data |
| 4 | 4 Italy | 5.58 | 2023 | +3.53% | +2.54% | View data |
| 5 | 5 Spain | 4.51 | 2023 | +9.92% | +3.98% | View data |
| 6 | 6 Poland | 1.23 | 2023 | +12.59% | +6.58% | View data |
| 7 | 7 Switzerland | 0.85 | 2023 | +1.82% | +1.74% | View data |
| 8 | 8 Belgium | 0.83 | 2023 | +8.85% | +1.87% | View data |
| 9 | 9 Czech Republic | 0.42 | 2023 | +8.14% | +3.61% | View data |
| 10 | 10 Romania | 0.22 | 2023 | +15.7% | +9.16% | View data |
