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Fraport sees lower cargo volumes in 2022 as the ongoing war in Ukraine, restrictions in China and a slowing global economy continue to weigh on its performance.
Cargo volumes (including airfreight and airmail) at Europe's busiest cargo airport fell 13.3% year-on-year to 2 million metric tons last year. It was also 5.6% below the pre-coronavirus level seen in 2019.
"Major factors contributing to this decline include airspace restrictions related to the war in Ukraine, China's dynamic zeroing strategy that has been pursued for almost the entire year, and an overall economic slowdown," Frankfurt said in its report.
In 2022, Frankfurt's aircraft movements will increase by 45.9% year-on-year to 382,211, but it will still be 25.6% lower than in 2019.
In December alone, cargo throughput in Frankfurt fell by 19.0% to around 159,671 metric tons, still reflecting the overall economic slowdown and the impact of war-related airspace restrictions in Ukraine.
At the same time, passenger traffic in Frankfurt has recovered as cargo volumes continue to decline, with 48.9 million passengers in 2022, almost double the number in 2021, an increase of 97.2%.
Demand remained subdued early last year amid concerns over the spread of the new coronavirus variant, the Omicron.
But Frankfurt said that from March 2022 to the end of the year; passenger traffic will grow very rapidly. Compared to pre-crisis levels in 2019, FRA passenger traffic in 2022 is still down 30.7%.
Dr. Stefan Schulte comments: "2022 will be a very turbulent and challenging year for the aviation industry as a whole. Following the lockdown at the beginning of the year, the sudden and sharp increase in demand puts heavy pressure on all process partners who are speeding up their operations. Due to The complexity of the system, the erratic restart of air traffic operations at many airports, including Frankfurt.",
CEO of Fraport AG. "Looking ahead, we are confident of seeing further growth in 2023...Nevertheless, the situation remains challenging," Schulte added.
Factors affecting freight forwarder forward shipping company Freight transportation
In international freight transport, one of the most concerning issues is the price of freight transport. The cost is directly related to the cost of transportation. Because many ex porters do not understand the price of transportation very much, and often have a lot of extra spending, then today to understand the factors of the price of international freight transportation? Do You Need Freight Forwarders? China DDP for World is a full-service and shipping forwarder dedicated to assisting our clients in focusing and growing their businesses. Send an Email to firstname.lastname@example.org and get the latest freight price.
The transportation prices are different for different forward shipping company
In the general international trade process, the price of transport according to different modes of transport, price is also different. International freight rates are divided into sea freight, air freight and rail freight.
The specific forward shipping company freight rate can also be subdivided. For example, rail freight can be divided into passenger freight and freight. Shipping rates are also divided into tramp rates and liner rates. Tramp rates are also affected by market supply and demand relations at that time, while liner transport costs are relatively fixed. Airfreight can be divided into general goods, designated goods and special goods, and the specific transportation price is also determined according to the weight of transportation, at the same time, even if the volume is small, the weight is also counted by weight, but if the opposite is large, small weight, also according to the specific volume to calculate.
The choice of international logistics, the quality of logistics will affect the seller's store score, but also affect customer satisfaction rate.
Logistics advantages of the forward shipping company in the destination country and region
In Eastern Europe, DHL has advantages in Romania, Bulgaria, Moldova, Hungary and other places while EMS has advantages in Greece, Russia, Turkey and other places. Western Europe, Northern Europe, southern Europe can use DHL international express, TNT international express, these two kinds of customs clearance capacity. TNT has a clear advantage in the Netherlands and Belgium.
For Canada, the United States and other American countries, FedEx, UPS and DHL are all suitable for their strong customs clearance capacity and fast time.
Applicable to Asia, South Korea, Japan, Thailand and other Southeast Asian countries DHL, FedEx. DHL and FedEx are time-saving, but THE price of DHL is higher. Indonesia also suggests USING DHL because it has a stronger customs clearance capacity.
In Oceania, DHL and UPS aging fast, with high prices; TNT and FedEx have lower prices but relatively few outlets. Particular attention should be paid to the "Made in China" label on the packaging of Australian products.
Middle East express ARAMEX, EMS for Middle East region. Commercial express in Africa is very expensive. In remote areas, IT is suggested to send EMS international express. EMS countries have the strongest customs clearance capacity. The air express forward shipping company can reach many countries and regions that commercial express and postal express cannot reach, so the wide range of forward shipping company transportation is its advantage.
Factors affecting the shipping price of forward shipping company
In the process of international transportation, there are many factors affecting the price of transportation, in addition to some fuel and labor costs, there are many important factors. For example, the nature of the forward shipping company, its own value and packaging form, as well as stowage factor and transporter's requirements for transportation, etc. There will be some fixed costs during the use of the ship, such as the ship's maintenance insurance and fuel consumption. There is also the change of supply and demand in the forward shipping company market. In the transport off-season, transport prices are relatively low, in the transport of the peak season, transport prices will be relatively high.
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Fraport sees lower cargo volumes in 2022 as the ongoing war in Ukraine, restrictions in China and a slowing global economy continue to weigh on its performance. Cargo volu…
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