Key Market Indicators
The revenue from Ni-Vanuatu passenger transport is projected to decline to approximately $17.1 million by 2028, down from $22.1 million in 2023. This represents an average annual decrease of 4.1%. Since 2003, the Ni-Vanuatu market has experienced an average annual drop of 5.9%. In 2023, Ni-Vanuatu ranked 62nd in the global market, with the Bahamas slightly ahead at $22.1 million. Leading the rankings, Qatar, Ireland, and Russia occupied the second, third, and fourth positions, respectively.
