The production of air transport in the Netherlands has shown fluctuations over the past decade, with values ranging from 10.8 billion euros in 2013 to 13.53 billion euros in 2023. The industry experienced significant year-on-year variations, with notable dips in 2016 and 2020, which saw a contraction of 3.23% and 15.25% respectively. Recovery has been robust post-2020, with a 16.77% increase in 2021 and steady growth up to 2023.
The compound annual growth rate (CAGR) reflects an average yearly increase of 1.69% over the past five years (2018-2023). Projections indicate continued growth, with the CAGR expected to be 1.45% from 2024 to 2028, and an overall growth rate of 7.49% by 2028.
Future trends to watch for include:
- Technological advancements in aircraft efficiency and sustainability.
- Potential regulatory changes impacting production costs and operations.
- Shifts in global and regional demand for air transport driven by economic conditions and consumer behavior.
- Impact of geopolitical factors on international air transport routes and production.
