Key Market Indicators
Ecuadorian air transport traffic is projected to see a marginal increase, reaching approximately 51,800 departures by 2028. This marks a slight growth from the estimated 51,400 departures in 2023, reflecting a compound annual growth rate (CAGR) of just 0.1%. Historically, the demand for air transport in Ecuador has seen a decline, averaging a 0.6% decrease annually since 1975. As of 2023, Ecuador ranked 62nd globally in terms of air transport departures. Bolivia has recently surpassed Ecuador, also recording around 51,400 departures. On the global stage, China, India, and Canada hold the second, third, and fourth positions, respectively, in air transport traffic rankings.
