China’s civil aviation freight traffic on international routes showed significant variability from 2013 to 2023. The year 2023 saw a value of 278.75 ten thousand metric tons. Notable growth occurred between 2017 and 2018 (9.3%) and again post-COVID recovery in 2021 (19.56%). The compound annual growth rate (CAGR) over the last five years stood at 2.81%, indicating moderate growth.
Looking into the future, the forecast up to 2028 suggests a steady climb with an expected CAGR of 2.48%, culminating in a 13.05% total growth over five years. This forecasted growth is underpinned by a positive outlook for global trade and continued improvements in international logistics infrastructure.
Future trends to watch for:
- Impact of geopolitical tensions on international freight
- Technological advancements in logistics and cargo tracking
- Changes in global trade policies and agreements
- Environmental regulations affecting aviation industry practices