The production in the service activities incidental to air transportation sector in Belgium showed significant fluctuation from 2013 to 2023, standing at 1.25 billion Euros in 2023. Over the past decade, the sector experienced multiple year-on-year variations, with substantial declines in 2014 and 2020, reflecting the economic impacts, particularly noticeable during the COVID-19 pandemic. The sector rebounded with noticeable growth starting in 2021, indicating recovery efforts. The Compound Annual Growth Rate (CAGR) over the last 5 years is 0.8%, reflecting modest growth post-recovery.

Future trends to watch for include:

Expected slow but steady growth with a forecasted 5-year CAGR of 0.63% from 2024 to 2028.
Annual growth rates forecast to increment slightly each year until 2028, signaling a stable market.
Potential impacts from ongoing technological advancements and environmental regulations affecting operational costs and efficiencies.