InfoCons Consumers Protection informs you : Challenges in EU Space Transport
The European Union’s spacecraft and space transport industry has experienced notable fluctuations over the past decade. Both exports and imports have shown significant shifts, reflecting broader economic and technological trends. Understanding these patterns can provide valuable insights into the industry’s evolving dynamics and its global positioning.
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A Decline in Spacecraft and Space Transport Exports
In 2022, EU exports of spacecraft and space transport services amounted to €1 340 million, marking a sharp 36% decrease compared to 2021 (€2 108 million). The majority of these exports, approximately 84% (€1 129 million), were destined for non-EU countries, highlighting the EU’s reliance on external markets.
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Source : InfoCons Consumers Protection
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