The air freight volume in Chile stood at 1.33 billion tonne kilometers in 2023. Reviewing historical data, the sector experienced marginal growth and fluctuations due to various factors. The year-on-year variation exhibited noticeable shifts such as a steep decline by 14.1% in 2017 and a significant rise by 18.34% in 2020. Recently, the period from 2021 to 2023 indicated recovery with a slight positive trend, displaying a 0.85% increase in 2023 over the previous year.
Looking ahead, trends suggest a moderate and steady recovery with forecasts projecting the air freight volume to grow, reaching 1.38 billion tonne kilometers by 2028, a forecasted CAGR of 0.62%. This anticipated slow but gradual increase is driven by improvements in global trade dynamics, infrastructure developments, and Chile's economic policies supporting freight efficiency.
Future Trends to Watch For:
- Technological advancements in logistics and supply chain management.
- Impact of global economic conditions on trade volumes and freight demand.
- Environmental regulations and the push towards sustainable air freight solutions.
- Enhancements in infrastructure and strategic trade partnerships.
