The air freight volume in Spain stood at 1,220 million tonne kilometers in 2023 after significant fluctuations over the past decade. The period from 2013 to 2019 showcased steady growth in volume, peaking in 2019. However, 2020 saw a dramatic decline of 58.52% due to disruptions, likely influenced by the COVID-19 pandemic. Recovery was strong in subsequent years, with a notable 72.14% increase in 2021 and 25.28% in 2022. Over the past five years, the volume grew at an average annual rate (CAGR) of 1.8%. The forecast indicates continued growth, albeit at a moderate CAGR of 0.96% till 2028.
Future trends to watch for include:
- Impact of technological advancements on operational efficiency.
- Environmental regulations affecting air freight operations.
- Shifts in global supply chain dynamics post-pandemic.
- Increasing demand for e-commerce and its effect on air freight volume.
