Tuesday, June 11, 2024
ACI: Consumer electronics help airfreight surge 8.1% in November

ACI: Consumer electronics help airfreight surge 8.1% in November

Worldwide airfreight volumes grew 8.1 per cent driven by consumer electronics and global digitisation, Airports Council International (ACI) says.

It says international airfreight was up 9.2 per cent while domestic volumes grew 5.6 per cent, with the global electronics market generating a surge in demand due to close release dates for competing consumer products.

ACI says: “Air freight markets remained volatile and were strongly affected by the consumer electronics industry and dynamic consumer demand for these products.”

Asia-Pacific freight volumes grew 9.5 per cent in November with Taiwan surging 14.4 per cent, followed by China at 12.6 per cent.

The Middle East saw an even larger increase, up 9.9 per cent, helped by Doha registering the fastest growth of any hub, with an increase of 270,000 tonnes.

North America was up 8.4 per cent in November, followed by Europe at 6.3 per cent, Africa at 3.1 per cent and Latin America-Caribbean by 2.8 per cent.

On a year-to-date basis, the Middle East expanded by 5.3 per cent, followed by Asia Pacific at four per cent, Europe was up 3.6 per cent, North America grew 1.2 per cent, Latin America-Caribbean increased 0.9 per cent while Africa declined 0.6 per cent.

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