European air passenger transport prices, expressed in value as per the HICP index, have shown varied year-on-year growth across countries. Greece leads with the highest future forecast, followed by Italy and the Netherlands. Significant increases were noted in 2023, with countries such as Montenegro seeing substantial shifts, whereas economies like Ireland and Spain experienced minor declines. Over the past five years, moderate compound annual growth rates have characterized the European air travel sector, reflecting a gradual market adjustment post-pandemic.
Future trends in the European Air Passenger Transport sector to watch include:
- Technological advances improving operational efficiency and potentially mitigating cost increases.
- Environmental policies pushing for greener transport solutions potentially influencing HICP changes.
- Consumer behavior leaning towards sustainable options, possibly affecting price dynamics.
- Geopolitical factors and economic policies impacting air travel demand across European regions.
Top countries in Air Passenger Transport HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 204.47 | 2022 | +37.19% | +9.38% | View data |
| 2 | 2 Italy | 194.8 | 2022 | +64.11% | +11.83% | View data |
| 3 | 3 Netherlands | 166.86 | 2022 | +57.36% | +10.93% | View data |
| 4 | 4 Czech Republic | 142.8 | 2022 | +14.51% | +6.32% | View data |
| 5 | 5 Luxembourg | 131.47 | 2022 | +19.21% | +7.38% | View data |
| 6 | 6 Norway | 128.5 | 2022 | +22.26% | +3.42% | View data |
| 7 | 7 Macedonia | 127.66 | 2022 | +6.16% | +4.1% | View data |
| 8 | 8 Romania | 126.96 | 2022 | +21.83% | +2.12% | View data |
| 9 | 9 Kosovo | 126.63 | 2022 | +11.94% | View data | |
| 10 | 10 Estonia | 124.85 | 2022 | +17.19% | +4% | View data |
