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◆In the next five years, the international air transport market will maintain 4.1% growth
Location:JIAXU > In the next five years, the international air transport market will maintain 4.1% growth
Date:2016-4-5
According to the 2014-2018 aviation industry outlook report released by the International Air Transport Association (IATA), the international cargo volume is expected to maintain a 4.1% compound annual growth rate (CAGR) over the next five years. Emerging economies, with the Middle East and Africa, will become the fastest growing markets.

         International air transport is an important part of the global economic system. In 2014, more than 6.8 trillion US dollars worth of goods are expected to be transported by air, accounting for 35% of the total value of the transported goods. Among them, the fastest increase in international routes between the Middle East and Asia is 6.2% per year, followed by Middle East (4.6%), North America and South America (3.9%), and Europe and Southern Africa (3.8%). .
         In terms of cargo volume, it is expected that the CAGR will reach 4.7% in the next five years, followed by Africa with 4.4% and Asia Pacific and Latin America with 3.8%. By 2018, the United States, China, and the United Arab Emirates will each increase shipments by more than 1 million tons. By then, the UAE will replace Germany as the world’s third-largest freight market. It is predicted that in 2018, the world's top ten international freight markets will be the United States (1005.4 million tons), China (5.639 million tons), the United Arab Emirates (4.974 million tons), Germany (4.763 million tons), Hong Kong (4.648 million tons), and South Korea (348.7 million Tons), Japan (3.48 million tons), the United Kingdom (2.808 million tons), Chinese Taipei (2.35 million tons) and India (2.223 million tons).