2% YoY demand growth for air cargo in January – Xeneta

According to Xeneta, the air cargo demand stood at 2 per cent YoY in January 2025 in comparison to the corresponding period in 2024. This growth is lower -than-expected as there was double-digit growth in air cargo demand growth throughout the year 2024. “January’s data was impacted by the earlier Lunar New Year reducing volumes out of China, but the big drop in demand was still as a surprise,” says Xeneta’s Chief Airfreight Officer, Niall van de Wouw. “The lower growth in air cargo demand in January was not down to President Trump, nor, entirely, the earlier Lunar New Year. It also compares to an unusually high comparison in January 2024. Nonetheless, the air cargo market in entering a period of uncertainty, which makes planning extremely challenging.” he added.