Air Cargo March 2024
Air cargo growth slowing down in March Our Q1 figures show positive growth in chargeable weight. However, March 2024 was up with only +6% compared with March 2023, so much lower YoY growth than what we have seen in the…
Air cargo growth slowing down in March Our Q1 figures show positive growth in chargeable weight. However, March 2024 was up with only +6% compared with March 2023, so much lower YoY growth than what we have seen in the…
Record growth from Hong Kong in 2024 (up +27% YoY) This week the air cargo community gathered in Hong Kong for the World Cargo Symposium. WorldACD had a look at the outbound air cargo market from Hong Kong, as shown…
Growth in perishables from South America is much higher than in the rest of the world Air cargo shipments originating in South America are predominantly categorised as perishables (around 70%). This product category has seen consistent year-on-year growth throughout the year 2023, and…
LNY 2024 shows a smaller weight decrease than last year in China, HKG and Taiwan, and with tonnage up +24% YoY. In this Peek of the Week, we show the pattern of the total air cargo tonnages to & from…
Seasonality in air cargo is often closely related to global events. Every year, Valentine’s day leads to a peak of flower shipments by air, with just over 60% of flowers originating in South America, and 26% in Africa. The chart below…
The latest ‘View From The Maindeck’ report in Air Cargo Week explores the continuing opportunities of transporting pharmaceuticals by air. WorldACD provided a number of detailed insights highlighting the consistent performance of air cargo ‘Pharma/Temp’ demand worldwide amid a volatile…
The size and changes of air cargo markets are determined by (changing) global supply and demand patterns. For certain markets there are more air cargo exports than imports, and vice versa. For network planning, it is crucial to know about…
Air Cargo Week asked WorldACD to provide an overview of the air cargo industry in Africa. We have provided a selection of trends and insights. The overall market from Africa increased with +2% in 2023, outperforming the worldwide growth of…
For air cargo the year 2023 ended at -5% compared to 2022. However, as the year progressed worldwide chargeable weight showed a consistent positive trend. As of April 2023, each consecutive month showed a better year-on-year performance. With Dec 2023…
Special products continue to outperform general air cargo. The latest state of play for 5 product categories that have seen growth in 2023 is shown in the image below.