The International Air Freight industry in Australia showed a cycle of growth from 2013 to 2023, with values rising from 882.82 to 1177.7 Thousand Metric Tons, despite a significant dip in 2020 due to global disruptions. From 2023 to 2028, the industry is forecasted to continue growing to 1294.1 Thousand Metric Tons, driven by a 5-year CAGR of 1.54%. The year-on-year variations indicate a more stable increase in recent years, with the latest two years showing increases of 7.44% and 1.99%, respectively.
Future trends to watch for include:
- Increasing global trade and e-commerce demand, driving higher air freight volumes.
- Technological advancements in logistics enhancing efficiency and capacity.
- Potential impacts of regulatory changes and environmental policies on air freight operations.
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