The year that was
At a glance
Australia’s domestic air freight industry is slowly beginning to recover, with domestic movements showing great resilience after the initial detection of the Delta variant of COVID-19 in Australia in May. International air freight is taking longer to rebound. Air freight is surpassing the lowest trade volumes of 2020 but has not recovered to pre-COVID levels. A full recovery of international flights and capacity is not expected in the short term.
International sea freight is shaping up to be a long lasting issue, with shipping and container prices continuing to rise, while coastal shipping projections are stable. The significant increase in e-commerce seen at the beginning of the pandemic is not slowing down. Consumers are choosing to buy from domestic suppliers, reportedly due to international shipping delays and to support local businesses.