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Global airport cargo volumes rise 2.3pc in 2015, slow growth blamed
AIR freight volumes at airports globally rose by a total of 2.3 per cent in 2015 compared to the previous year, according to the Montreal-based Airports Council International.
Slow growth was attributed to lack-lustre emerging markets and developing economies, along with a more modest recovery in advanced economies, according to the data.
Even though all regions remained in positive territory, only the Middle East demonstrated a strong increase of 10.7 per cent in air cargo traffic in 2015, while all other regions grew only marginally, an ACI statement said.
A breakdown of the results by region shows that total international air freight traffic in Asia Pacific rose 1.5 per cent last year.
China, which accounts for one third of air freight traffic in the region, saw its international and domestic volumes grow by 3.3 per cent year on year.
Japan's total volumes were up 0.9 per cent, Hong Kong remained flat at 0.1 per cent, while India's total freight rose 6.4 per cent. Korea posted growth of 0.4 per cent in total freight, and Taiwan's total cargo traffic declined by 3.2 per cent.
In Europe, air freight grew by 0.7 per cent last year due to weak growth of 0.9 per cent in international freight and a 3.9 per cent decline in domestic freight.
The largest markets of Germany, France and the Netherlands saw decreases in air freight volumes of 0.2 per cent, 0.5 per cent and 0.7 per cent respectively.
The four largest European cargo hubs experienced air freight declines in 2015: Frankfurt (-2.8 per cent), Paris-Charles de Gaulle (-1.4 per cent), Amsterdam (-0.7 per cent) and London-Heathrow (-0.2 per cent).
Latin America-Caribbean recorded freight growth for 2015 of 1.2 per cent compared to the previous year. Brazil梩he largest market in the region梕xperienced a decline of 9.1 per cent. Colombia (+4.9 per cent) and Mexico (+7.8 per cent) kept their momentum as the key air freight growth drivers in the region.
Peru and Argentina reported air freight declines of 1.2 per cent and 8.1 per cent respectively, while Ecuador boasted 8.3 per cent growth.
In the Middle East, the United Arab Emirates reported a 4.4 per cent growth, while Qatar's total air cargo volumes were up 47.3 per cent last year.
North America, the second largest air freight market after Asia Pacific, achieved 2.4 per cent growth last year.
Traffic at the airports of Chicago-O'Hare was up 163,000 tonnes, Anchorage's volumes rose by 132,000 tonnes, Los Angeles handled 98,000 tonnes more cargo compared to 2014 and Cincinnati's volumes were up 74,000 tonnes. Houston lost 33,000 tonnes of air freight year on year.
Total air freight traffic in Africa rose by 3.2 per cent in 2015. The markets of South Africa and Egypt grew by 11.3 per cent and six per cent respectively, while Kenya's air cargo volume declined by 5.1 per cent and Nigeria was down 2.6 per cent.
Slow growth was attributed to lack-lustre emerging markets and developing economies, along with a more modest recovery in advanced economies, according to the data.
Even though all regions remained in positive territory, only the Middle East demonstrated a strong increase of 10.7 per cent in air cargo traffic in 2015, while all other regions grew only marginally, an ACI statement said.
A breakdown of the results by region shows that total international air freight traffic in Asia Pacific rose 1.5 per cent last year.
China, which accounts for one third of air freight traffic in the region, saw its international and domestic volumes grow by 3.3 per cent year on year.
Japan's total volumes were up 0.9 per cent, Hong Kong remained flat at 0.1 per cent, while India's total freight rose 6.4 per cent. Korea posted growth of 0.4 per cent in total freight, and Taiwan's total cargo traffic declined by 3.2 per cent.
In Europe, air freight grew by 0.7 per cent last year due to weak growth of 0.9 per cent in international freight and a 3.9 per cent decline in domestic freight.
The largest markets of Germany, France and the Netherlands saw decreases in air freight volumes of 0.2 per cent, 0.5 per cent and 0.7 per cent respectively.
The four largest European cargo hubs experienced air freight declines in 2015: Frankfurt (-2.8 per cent), Paris-Charles de Gaulle (-1.4 per cent), Amsterdam (-0.7 per cent) and London-Heathrow (-0.2 per cent).
Latin America-Caribbean recorded freight growth for 2015 of 1.2 per cent compared to the previous year. Brazil梩he largest market in the region梕xperienced a decline of 9.1 per cent. Colombia (+4.9 per cent) and Mexico (+7.8 per cent) kept their momentum as the key air freight growth drivers in the region.
Peru and Argentina reported air freight declines of 1.2 per cent and 8.1 per cent respectively, while Ecuador boasted 8.3 per cent growth.
In the Middle East, the United Arab Emirates reported a 4.4 per cent growth, while Qatar's total air cargo volumes were up 47.3 per cent last year.
North America, the second largest air freight market after Asia Pacific, achieved 2.4 per cent growth last year.
Traffic at the airports of Chicago-O'Hare was up 163,000 tonnes, Anchorage's volumes rose by 132,000 tonnes, Los Angeles handled 98,000 tonnes more cargo compared to 2014 and Cincinnati's volumes were up 74,000 tonnes. Houston lost 33,000 tonnes of air freight year on year.
Total air freight traffic in Africa rose by 3.2 per cent in 2015. The markets of South Africa and Egypt grew by 11.3 per cent and six per cent respectively, while Kenya's air cargo volume declined by 5.1 per cent and Nigeria was down 2.6 per cent.
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