The production value of services incidental to air transportation in Finland has shown significant fluctuations from 2013 to 2023. After a steady growth from 2015 to 2019, the value plummeted dramatically in 2020 due to the pandemic's impacts. However, there was a substantial recovery between 2021 and 2023, culminating in a 14.27% increase in 2023, standing at 732.6 Million Euros. Over the last two years, the growth has been notable with 25.26% and 14.27% increases in 2022 and 2023, respectively. The compound annual growth rate (CAGR) over the past five years is 2.24%, indicating a moderate but positive trend.
Looking forward, the forecast suggests a relatively stable and gradual increase in production value, with a projected CAGR of 0.67% over the next five years. Key trends to watch include the adaptation to post-pandemic travel behaviors, technological advancements in air transportation services, and potential changes in regulatory environments.
