Forecast: Freight and Mail Air Transport in Portugal

In 2023, the freight and mail air transport sector in Portugal stood at 115 million tonne kilometers, marking a 9.52% year-on-year growth from 2022. The overall trend from 2013 to 2023 shows fluctuations with significant dips and rebounds, most notably a steep decline in 2020 followed by a strong recovery. Over the past five years up to 2023, the sector experienced an average annual decrease in volume, with a CAGR of -0.17%. From 2024 onwards, the anticipated yearly growth rate is expected to stabilize at an average of 1.18%, signaling modest growth.

Future trends to watch for include:

  • Technological advancements in logistics and air transport efficiency.
  • The impact of global economic conditions on trade and cargo movement.
  • Environmental regulations and their influence on air freight operations.
  • Potential disruptions or innovations within the e-commerce sector driving changes in demand for air mail transport.

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