Key Market Indicators
Namibian air transport traffic is projected to decline to approximately 6,300 departures by 2028, down from around 7,200 departures in 2023. This represents an annual compound growth rate (CAGR) decrease of 2.2%. Since 1996, Namibia's air transport demand has seen a year-on-year decrease of 13%, reflecting a broader trend of diminishing activity in the sector. In 2023, Namibia ranked 117th globally in air transport departures, with Montenegro slightly ahead at a similar figure of around 7,200 departures. In contrast, major players in the industry such as China, India, and Canada held the second, third, and fourth positions, respectively, in the global ranking.
