Egypt's air freight volume has shown notable fluctuations from 2013 to 2023, standing at 553.28 Million Tonne Kilometers in 2023. The most significant changes occurred in 2021, with a 34.31% increase, reflective of recovery post-pandemic. However, the years before saw periodic declines, notably in 2015 and 2020, due to external economic factors. The average year-on-year growth rate over the past five years was 4.8%.
From 2024 to 2028, the air freight volume is projected to grow modestly, with a forecasted 5-year CAGR of 1.96%, resulting in a 10.17% growth by 2028. Observing these forecasts, a slow but steady increase in air freight volume is anticipated.
Future trends to watch for:
- Technological advancements in air freight logistics.
- Economic policies affecting trade and transportation.
- Global supply chain disruptions and recovery patterns.
- Environmental regulations impacting air freight operations.
