Air cargo volumes between Asia-Pacific and Europe declined 15% year on year, reflecting softer demand, shifting trade flows, and increased market uncertainty that continue to weigh on one of the world’s busiest freight corridors.
The decline was driven by a combination of weaker export demand from key manufacturing hubs, ongoing inventory adjustments, and changes in shipping patterns. Market participants also pointed to heightened geopolitical tensions and evolving trade policies as factors influencing cargo flows between the two regions.
Despite the year-on-year drop in volumes, airlines continued to maintain capacity on major routes, supported by expanding passenger networks that have added more belly cargo space. This has intensified competition and placed downward pressure on freight rates across several Asia–Europe lanes.
Industry analysts noted that demand for high-value shipments, including electronics, pharmaceuticals, and e-commerce cargo, remains relatively resilient, although overall market growth has slowed compared with previous years.
Air cargo operators are closely monitoring seasonal demand trends, peak shipping activity, and broader economic indicators to assess whether volumes will recover in the coming months. The Asia-Pacific–Europe trade lane remains strategically important for global supply chains, and carriers are expected to adjust capacity and network strategies in response to changing market conditions.
