The Civil Aviation Freight Traffic on regional routes in China stood at 24.77 Ten Thousand Metric Tons in 2023. This represents a year-on-year increase of 6.7% from 2022 and a five-year compound annual growth rate (CAGR) of 1.08% from 2018 to 2023. Over the past eleven years, the freight traffic has experienced fluctuations, including a significant dip in 2020 due to the global pandemic, before beginning a recovery phase in subsequent years. The forecast suggests a steady upward trend, with the traffic expected to reach 27.45 Ten Thousand Metric Tons by 2028, driven by a forecasted five-year CAGR of 1.63% and an overall growth rate of 8.43% from 2024 to 2028.
Future trends to watch for include:
• The impact of continued economic recovery post-pandemic on freight volumes.
• Technological advancements and infrastructure improvements in aviation logistics.
• Increasing e-commerce activities and their influence on regional freight demand.
