The number of international departures in South Africa is forecasted to reach 6.517 million in 2024, increasing to 6.8455 million by 2028. In 2023, the actual departures stood at approximately 6.432 million. Over the past two years, the year-on-year variations have been positive, indicating a steady increase. The last CAGR (Compound Annual Growth Rate) for the period from 2024 to 2028 is about 1.23%, reflecting moderate growth over the next five years.
Future trends to watch for:
- Economic Stability: Economic conditions both locally and globally could impact travel volumes.
- Airline Capacity and Pricing: Changes in airline capacity and pricing could influence departure numbers.
- Geopolitical Factors: Geopolitical developments and international relations may affect overall travel demand.
- Pandemic-Related Regulations: Ongoing adjustments to health and safety regulations could play a critical role in travel behavior.