Frankfurt the latest European airport to register a cargo decline in 2022

Source: Fraport

Frankfurt is the latest European airport to announce a decline in its cargo volumes last year.

Europe’s busiest hub saw cargo volumes in 2022 decline by 13.3% year on year to 2m tonnes.

Airport operator Fraport said that the main factors contributing to this decline included the airspace restrictions related to the war in Ukraine, the zero-Covid strategy pursued by China and the overall economic slowdown.

Last year’s volumes were also 5.6% behind pre-Covid levels (2019).

Frankfurt Airport cargo volumes 2022. Source: Fraport

The cargo volume decline deepened in December as the airport registered a 19% year-on-year decline to 159,671 tonnes.

“Still reflecting the overall economic slowdown and the impact of airspace restrictions related to the Ukraine war,” Fraport said.

The German hub isn’t the only European airport to have registered a decline in volumes last year as geopolitical and economic conditions took a turn for the worse.

Liege registered a 19.3% year-on-year decline to 1.1m tonnes, cargo volumes at Brussels Airport totalled 775,721 tonnes, down by 8% compared to 2021, and at Heathrow there was a 5% drop off to 1.4m tonnes.

Liege Airport’s cargo volumes take a hit

 

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Damian Brett

Damian Brett
I have been writing about the freight and logistics industry since 2007 when I joined International Freighting Weekly to cover the shipping sector.After a stint in PR, I have gone on to work for Containerisation International and Lloyds List - where I was editor of container shipping - before joining Air Cargo News in 2015.Contact me on [email protected]