World ACD: North Africa tops air cargo growth
North Africa is among just a handful of global air cargo origin subregions to record growth in the first half of 2023, according to an analysis by World ACD Market Data, amid a wider overall picture of declining year-on-year (YoY) chargeable weight and average rates on most markets.
The public available report compares the second quarter (Q2) and the first half (H1) of 2023 with the equivalent periods last year and in 2019, the last pre-Covid year.
Meanwhile, a handful of product categories have continued to record YoY growth this year on a global basis in the first 6 months, notably vulnerables/high-tech (+3%), valuables (+3%), perishables (+4%), and live animals (+11%).
Pharma/temperature-controlled products stayed more or less stable (-1%), but there were double-digit percentage drops in volumes of dangerous goods (-10%), general cargo (-14%), and express (-20%). (cj)