Based on 2024 forecasted data, Germany leads the European turnover of freight air transport with 4.46 billion euros, followed by Belgium at 1.22 billion euros, and the United Kingdom at 0.8309 billion euros. Italy has shown a significant increase with a 7.83% year-on-year growth, reaching 0.6745 billion euros. Trends over the past year highlight significant declines in Hungary (-5.96%), the United Kingdom (-0.85%), and Greece (-1.88%), while Germany has a stable growth of 1.89%. Over a five-year period, forecasts show consistent growth led by Germany and Italy. Future trends to watch include advancements in air cargo technologies, increased efficiency in logistics, and the impact of economic fluctuations on smaller markets like Hungary and Greece.
Top countries in Turnover of Freight Air Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,460 | 2023 | +1.79% | +1.89% | View data |
| 2 | 2 Belgium | 1,220 | 2023 | -0.12% | -0.16% | View data |
| 3 | 3 United Kingdom | 830.9 | 2023 | -0.82% | -0.85% | View data |
| 4 | 4 Italy | 674.5 | 2023 | +5.55% | +7.83% | View data |
| 5 | 5 Spain | 259.9 | 2023 | +0.23% | +0.65% | View data |
| 6 | 6 Iceland | 108.7 | 2023 | +0.83% | +0.68% | View data |
| 7 | 7 Bulgaria | 55.6 | 2023 | +0.72% | -0.84% | View data |
| 8 | 8 Greece | 55.4 | 2023 | +6.33% | -1.88% | View data |
| 9 | 9 Romania | 47.8 | 2023 | +5.29% | +4.1% | View data |
| 10 | 10 Hungary | 44.2 | 2023 | -2.21% | -5.96% | View data |
