The International Air Cargo Association (TIACA) said at its annual air cargo forum held this week that air cargo traffic will increase after the Lunar New Year in early 2023 and demand on major East-West trade routes will begin to recover in the first quarter. Expect things to get better and still think 2023 will be a good year.
At the meeting, the CEO said, "In the short term, we are facing some difficult market dynamics, but we still see demand from industries such as Africa and the Americas, which is one reason for our optimism."
However, under the pressure of complex and volatile international situation, sluggish world economy and severe epidemic prevention and control, not all airlines believe that cargo demand will recover so quickly.
Wednesday's DHL Air Cargo Industry Status Report pointed out that there is little sign of a traditional fourth quarter cargo surge. After two years of COVID-19 disruption, it seems too early to expect 2022 trade patterns to normalize.
DHL predicts that soaring inflation will continue until 2023, and declining purchasing power may reduce demand.
In a market update released this week, International Air Transport Association (IATA) Director General Willie Walsh said that global cargo traffic so far this year is lower than the airline's excellent performance last year, but is tracking 2019 levels. While air cargo is "doing well," headwinds facing the industry are intensifying.
the outbreak of the new coronary pneumonia epidemic, passenger demand has shrunk, airlines began to take the way of passenger to cargo to provide abdominal capacity, the development of cargo can also reduce passenger aircraft idle, improve utilization, hedge against the huge losses caused by passenger transport. Willie Walsh said that at the consumer level, with the lifting of travel restrictions after the pandemic, people may spend more on vacation travel and less on e-commerce, while at the macro level, increasing recession warnings may have a negative impact on the global flow of goods and services, and the stability of oil prices is slightly balanced.
's overall forecast is that the development of the air cargo industry in 2023 may not be bright, but it should also be able to rank high in all sectors of the entire logistics industry. In addition, we should also see that there are "opportunities" in the "danger".
Forwardernet.com