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December air cargo demand dampened by supply chain issues, omicron concerns

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Logistics Update Africa News
December air cargo demand dampened by supply chain issues, omicron concerns

December demand in the general air cargo market put a final dampener on 2021 peak season volumes as continuing supply chain issues, congestion on the ground, and concerns over the new Omicron virus suppressed any end-of-year uptick, according to industry analysts, CLIVE Data Services.

CLIVE’s latest weekly market intelligence shows a -5 percent fall in chargeable weight in December 2021, compared to the pre-Covid level of December 2019, making it, versus 2019, one of the weaker months of the year. Versus December 2020, volumes rose by +1 percent. CLIVE’s analyses of the general air cargo market for the last calendar month continued to measure performance to both the pre-covid 2019 level, as well as giving 2020 year-over-year comparisons, to provide a meaningful assessment of its current performance.

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