Forecast: Air Freight Volume in Finland

The air freight volume in Finland has shown significant fluctuations from 2013 to 2023. Starting at 660.8 million tonne kilometers in 2013, the value steadily increased until reaching a peak of 1070 million tonne kilometers in 2019. However, 2020 saw a sharp decline by almost 55%, which was likely due to global disruptions. Post-2020, a recovery trend is evident, with the volume rebounding to 750.29 million tonne kilometers in 2021 and continuing to grow to 989.4 million tonne kilometers in 2022 and 1160 million tonne kilometers in 2023. The year-on-year growth rates over the last two years, 17.18% (2023) and 31.87% (2022), indicate a strong recovery trajectory. The last 5-year compound annual growth rate (CAGR) from 2018 to 2023 stands at 3.9%. Forecasts suggest continued growth, reaching 1390 million tonne kilometers by 2028, with an expected CAGR of 2.88% and an overall growth rate of 15.26% over the forecast period.

Future trends to watch for include:

  • Technological advancements in logistics and supply chain management to enhance efficiency.
  • Potential impacts of economic conditions and trade policies on air freight demand.
  • Environmental regulations and sustainability initiatives influencing the choice of air freight transport.

Top Countries about Air Freight