The production value of freight air transport in Spain has shown a notable upward trend over the past decade, starting from €129.9 million in 2013 and reaching €234.2 million in 2023. The most significant growth occurred in 2016, with a year-on-year increase of 35.34%. Between 2013 and 2023, the compound annual growth rate (CAGR) was around 1.87%. In the recent two years before 2023, the year-on-year variations were 1.04% for 2022 and 0.82% for 2023, indicating a stabilization in growth. Looking ahead to future forecasts (2024-2028), the values are expected to rise modestly, with the CAGR projected at 0.3% over the next five years.
Future trends to watch include technological advancements in logistics and freight handling, regulatory changes, and the impact of global trade dynamics. Additionally, sustainability initiatives could play an increasingly significant role in shaping the air freight sector's evolution in Spain.
