The air freight volume in Italy has shown significant fluctuation over the past decade. In 2023, the volume stood at 1370 million tonne kilometers, reflecting a year-on-year increase of 6.57%. Despite a major dip in 2020, the average annual growth rate (CAGR) from 2019 to 2023 was -0.66%. Notably, high growth in 2016 and 2017 was followed by a decline and eventual gradual recovery.
From 2024 onwards, air freight volume is forecasted to undergo moderate growth with an annual CAGR of 0.54% over the next five years, reaching 1420 million tonne kilometers by 2028.
Future trends to watch for include:
- Impact of technological advancements in logistics and supply chain management
- Changes in global trade dynamics and e-commerce growth
- Environmental regulations and sustainability initiatives impacting air freight