The civil aviation freight ton-kilometers of international routes in China displayed significant growth from 2013 to 2023, rising from 109.17 to 218.61 hundred million tonne kilometers. In 2023, it stood at a value of 218.61. Despite a dip in 2019 and 2020 due to global economic factors, the sector rebounded strongly in 2021 with a 20.45% increase. Over the last two years, the year-on-year variations were 0.93% in 2022 and 4.34% in 2023. The compound annual growth rate (CAGR) over the last five years stood at 3.17%.
Looking ahead, forecasted data suggests a steady growth trajectory with an average yearly variation of 2.96% over the next five years, culminating in 263.43 hundred million tonne kilometers by 2028. The forecasted five-year growth rate is 15.71%.
Future trends to watch for include technological advancements in aviation, shifts in global trade dynamics, regulatory changes, and potential impacts of environmental sustainability efforts on the logistics and transportation sector.
