Forecast: International Inbound Air Freight in Australia

The international inbound air freight in Australia, expressed in thousand metric tons, saw a significant fluctuation over the past decade. In 2023, it stood at 572.92 thousand metric tons. The data from 2013 to 2023 shows variability, with a notable dip in 2020 due to the global pandemic, followed by a strong recovery in 2021. Recent trends indicate a steady increase with a year-on-year growth of 1.32% in 2023 and a five-year CAGR of approximately 1.42%.

Looking forward, the forecasted data suggests a continued upward trend in international inbound air freight volumes, reaching 610.41 thousand metric tons by 2028. The five-year forecast CAGR is 1.06%, indicating moderate but consistent growth. Key future trends to watch for include the impact of global economic conditions, technological advancements in freight logistics, and changes in international trade policies.

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