newstodate.aero
APR 08, 2003 (newstodate) US consultancy company, Colography Group finds Eastern Europe at the front among the company's nine "world areas" in its recent global air cargo market survey.
Thus, Eastern Europe will report the fastest growth rate at 10.2 percent in air export tonnage, the survey says.
Central America will come second with a projected 7.1 percent growth rate. However, Western Europe, North and South America, and Australia/Oceania will lag the world average of 2 percent, and Asia with 2.2 percent growth will only exceed the average by a slight margin.
According to the survey, worldwide airfreight will continue to show sub-par growth during 2003, with growth rates in ocean freight expected to exceed air freight expansion for the first time in the 13 years.
Global vessel tonnage is expected to grow by 4.9 percent in 2003, matching the growth of the overall market. However, global airfreight tonnage is projected to grow by only 2 percent, according to The Colography Groups projections.
The value of all goods shipped internationally in 2003 will reach USD 5.9 trillion, a 4.3 percent increase from 2002 levels, The Colography Group forecast. Of that, USD2.3 trillion will move by air, up 4.4 percent on 2002 levels, and USD3.6 trillion will move via sea, a 4.3 percent increase. The study measures goods moving only in international commerce and excludes domestic services.
Thus, Eastern Europe will report the fastest growth rate at 10.2 percent in air export tonnage, the survey says.
Central America will come second with a projected 7.1 percent growth rate. However, Western Europe, North and South America, and Australia/Oceania will lag the world average of 2 percent, and Asia with 2.2 percent growth will only exceed the average by a slight margin.
According to the survey, worldwide airfreight will continue to show sub-par growth during 2003, with growth rates in ocean freight expected to exceed air freight expansion for the first time in the 13 years.
Global vessel tonnage is expected to grow by 4.9 percent in 2003, matching the growth of the overall market. However, global airfreight tonnage is projected to grow by only 2 percent, according to The Colography Groups projections.
The value of all goods shipped internationally in 2003 will reach USD 5.9 trillion, a 4.3 percent increase from 2002 levels, The Colography Group forecast. Of that, USD2.3 trillion will move by air, up 4.4 percent on 2002 levels, and USD3.6 trillion will move via sea, a 4.3 percent increase. The study measures goods moving only in international commerce and excludes domestic services.