Forecast: Number of Cargo Aircraft in Egypt

From 2013 to 2023, the number of cargo aircraft in Egypt showed a declining trend. Starting at 7 units in 2013, the count dropped to 4 units by 2016 and remained stable through 2023. The peak year-on-year variation happened in 2015, with a considerable decline of 28.57%. The Compound Annual Growth Rate (CAGR) over the last 5 years stands at 0%, indicating no growth or decline during this period. This stability is also reflected in the forecasted numbers for 2024 to 2028, which predict no change from the 4 units observed in 2023.

Future trends to watch for:

  • Potential technological advancements which might encourage fleet updates.
  • Changes in economic conditions or trade policies that could influence air cargo demand.
  • Environmental regulations that may impact the operational capacities of existing aircraft.

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