Forecast: Production in Air Transport Sector in Brazil

The air transport sector in Brazil is projected to steadily grow from 53.16 billion Brazilian Reals in 2024 to 58.7 billion in 2028. In 2023, the sector's production value stood at approximately 52 billion. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is around 2.5%, indicating consistent expansion, albeit moderate.

Future trends to watch for:

  • Technological advancements in aircraft efficiency and sustainability initiatives could bolster growth.
  • Global economic conditions and changes in trade policies might impact air cargo demand and passenger traffic.
  • Domestic policy changes, such as investments in infrastructure, can enhance sectoral growth prospects.

Top Countries about Air Transport