Air cargo market stable, China-US lane recovers
The largest decline in volume was from Central & South America to North America (-23%) during week 21.
The air cargo market was stable in terms of tonnages on a worldwide level in the week ending May 25 (week 21) compared to the previous week.
"Whereas the week-on-week worldwide figure was flat, demand was six percent higher than last year, with the largest absolute volume growth within the Asia Pacific region. Thanks to the strong increase in week 20, the last two weeks taken together were up with a high single digit (up seven percent) compared to the two weeks before combined (2Wo2W)," according to the latest data from WorldACD.
Compared with the previous two weeks combined, the most buoyant region-to-region markets were Asia Pacific to North America (+19 percent) and North America to Asia Pacific (+13 percent), with the largest decline in volume from Central & South America to North America (-23 percent), which is a normal post-Mother’s Day flower shipments, the update added.
Tonnages on China to USA lane recover, China to Europe expands
In the turbulent geopolitical climate, all eyes are on what is happening from the air freight powerhouse China (including Hong Kong). With the air cargo industry flocking to the conference in Munich next week, this will be one of the most talked about topics.
"For the last six-week period, we observe the following:
*Air cargo exports from China to the USA dropped by -14 percent compared with the same period in 2024. After the large drop in week 18 and 19, chargeable weight in week 21 was almost back at the level in 2024, with a five percent decline.
Air cargo exports from China to Europe increased by +11 percent over the same time frame. Even though there was a modest week-on-week drop of three percent in week 21, we see that this market is increasingly showing higher volumes than in 2024."
