The South Asia–Europe market is forecast to grow at the world average rate of 4.7% per year. Air cargo growth in the Latin America–Europe and Latin America–North America flows is forecast to exceed the world average at 4.8% and 5.2%, respectively. Market shares will continue to change as a result of varying regional growth rates. Intra-Asia is currently the fifth largest air cargo market, but because it is forecast to grow 6.5% per year over the next 20 years, it will be the third largest air cargo market by 2033. The share of world air cargo traffic associated with Asia, including the domestic markets of China and Japan and all international markets connected to Asia, will increase from 51.3% in 2013 to 61.1% in 2033.