Between 2013 and 2023, China's domestic civil aviation freight traffic showed significant overall growth, reaching 543.96 ten thousand metric tons in 2023. The year-on-year variation data reveals a general upward trend, with occasional fluctuations, such as a decline in 2020 due to global disruptions, and notable recovery in 2022 with a 10.93% increase. From 2018 to 2023, the CAGR was 1.87%, indicating steady long-term growth despite short-term variations
Forecasting future trends, the market is expected to continue to grow with a 5-year CAGR of 2.16%. This steady growth suggests increasing demand and capacity within the domestic civil aviation freight sector. By 2028, we anticipate reaching approximately 623.12 ten thousand metric tons, reflecting an 11.28% overall increase from 2023.
Future trends to watch for:
- Technological advancements in logistics and supply chain management.
- Expansion of e-commerce driving increased freight volumes.
- Potential impact of regulatory changes on aviation and freight industries.
- Economic shifts and global events influencing domestic freight demand.
