The turnover of Freight Air Transport in Germany fluctuated considerably over the past decade. As of 2023, the turnover stood at 4.46 billion euros, having experienced notable highs in 2017 at 5.4 billion euros and lows in 2019 at 3.85 billion euros. Between 2022 and 2023, the sector showed modest year-on-year growth of 1.79%, indicating a stabilization phase.
The last five-year period prior to 2024 saw an average annual growth rate (CAGR) of 1.89%, reflecting a steady although slow recovery trajectory. Forecasts for 2024 to 2028 predict a continued stable increase with a forecasted CAGR of 1.24% and an overall growth rate of 6.37% by 2028.
Future trends to watch for include the impact of advancements in logistics technology, shifts in global trade dynamics, and sustainability initiatives which could shape the growth trajectory of the German air freight sector.
