Key Market Indicators
Turkmen air passenger traffic is projected to increase to nearly 2.62 million persons by 2028, up from around 2.29 million in 2023. This growth represents a compound annual growth rate (CAGR) of 2.1%. Despite the expected rise, Turkmenistan has experienced a 1.4% annual decline in demand since 1998. In 2023, the country ranked 74th in global air passenger traffic. Nepal surpassed Turkmenistan with approximately 2.29 million passengers. In the international rankings, China, India, and Ireland occupied the second, third, and fourth positions, respectively.