The demand declines registered in air cargo this year do not to tell the full story when it comes to the industry’s performance, according to data provider WorldACD.

In an analysis of how the industry has been performing on a country-by-country basis, WorldACD found that the 4% year-on-year decline in chargeable weight registered at a global level over the first seven months of 2022 is largely the result of a drop-off in eight origins, in particular those located in North Asia.

However, the data firm pointed out that last year was a stellar year for North Asia as demand from the region surged and that compared with pre-Covid 2019 volumes are not too far behind.

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