The domestic airline cargo sector in Australia has demonstrated a general downward trend over the past decade, with significant year-on-year declines particularly notable in 2020 due to the global pandemic. In 2023, the volume stood at 161.89 thousand metric tons, reflecting a minor decline compared to the previous year. The compound annual growth rate (CAGR) over the last 5 years shows an average annual decrease of approximately 2.45%. Forecast data suggests a continued decline at a forecasted 5-year CAGR of 2.24%, anticipating the sector's volume to fall to 139.97 thousand metric tons by 2028.
Future trends to watch include the impact of advancements in logistics and technology, potential economic expansions, and shifts in consumer behavior and demand that could influence the cargo space. Additionally, developments in green logistics and efforts toward sustainability may also shape the industry's trajectory.
