In 2024, Germany leads Europe's freight air transport sector with a production value of €3.53 billion, showcasing strong growth. Belgium follows with €1.25 billion. The UK's value at €0.8311 billion indicates a slight decline from the previous year. Italy's production value improved significantly, while Spain displayed moderate growth. Iceland, Bulgaria, Greece, Romania, Hungary, and Slovakia remain smaller contributors, with varied performances. Notably, Germany, Italy, and Romania experienced commendable year-on-year growth in 2023. Conversely, negative trends were observed in The UK, Iceland, Bulgaria, Greece, and Hungary, emphasizing diverse national circumstances.
Future Trends to Watch:
- Technological advancements and increased automation in freight processing.
- E-commerce surge driving demand for air freight services.
- Environmental regulations influencing innovative solutions for sustainable operations.
- Economic fluctuations impacting international trade dynamics.
- Infrastructure development in emerging European freight hubs.
Top countries in Production Value of Freight Air Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,530 | 2023 | +2.57% | +2.18% | View data |
| 2 | 2 Belgium | 1,250 | 2023 | +1.61% | +1.79% | View data |
| 3 | 3 United Kingdom | 831.1 | 2023 | -0.75% | -0.9% | View data |
| 4 | 4 Italy | 570.1 | 2023 | +3.49% | +7.34% | View data |
| 5 | 5 Spain | 234.2 | 2023 | +0.82% | +1.87% | View data |
| 6 | 6 Iceland | 105.3 | 2023 | 0% | -0.12% | View data |
| 7 | 7 Bulgaria | 57.4 | 2023 | +0.88% | -0.58% | View data |
| 8 | 8 Greece | 55.9 | 2023 | +10.47% | -1.83% | View data |
| 9 | 9 Romania | 45.3 | 2023 | +3.19% | +2.37% | View data |
| 10 | 10 Hungary | 9.3 | 2023 | -9.71% | -9.12% | View data |
