In 2023, Germany led European air transport output with €26.89 billion, followed by France with €22.22 billion. Spain demonstrated strong growth at 4.33% year-on-year, while Ireland and Latvia revealed notable increases. Conversely, Greece, Estonia, and Slovakia experienced declines, with Greece dropping by 2.57%. Over the last five years, the European air transport market generally showed a steady average growth amidst volatility, hinting at a resilient industry. These figures represent actual data for 2023 rather than forecasts.
Looking forward, future trends could include increased investment in sustainable aviation, potential expansions in emerging EU markets, and technological advancements enhancing operational efficiency.
Top countries in Air Transport Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,890 | 2023 | +11.08% | +0.8% | View data |
| 2 | 2 France | 22,220 | 2023 | +14.66% | +1.46% | View data |
| 3 | 3 Spain | 15,180 | 2023 | +20.3% | +4.33% | View data |
| 4 | 4 Netherlands | 12,580 | 2023 | -5.06% | +0.22% | View data |
| 5 | 5 Portugal | 5,130 | 2023 | +16.49% | +1.78% | View data |
| 6 | 6 Ireland | 4,670 | 2023 | -0.45% | +3.12% | View data |
| 7 | 7 Greece | 1,890 | 2023 | -21.39% | -2.57% | View data |
| 8 | 8 Malta | 1,300 | 2023 | +16.04% | View data | |
| 9 | 9 Latvia | 813.48 | 2023 | +24.1% | +4.54% | View data |
| 10 | 10 Croatia | 241.56 | 2023 | -35.64% | -1.17% | View data |
