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Pitney Bowes

Parcel Shipping Index


Global growth slows considerably due to
COVID outbreaks and China lockdowns

161bn Global parcel


volume is up
Global parcel revenue
decreased to 13
parcels shipped globally
in 2022, up from 1 % $485bn countries
studied

159bn year-over-year in 2022

in 2021

Number of Number of Number of Number of


parcels per second parcels per day parcels per person parcels per household

5,052 5,102 436M 441M 42 42 132 132


2021 2022 2021 2022 2021 2022 2021 2022

2022 Parcel
Shipping Volume
Collectively, China,
the US, and Japan
represented 87% of
China US Japan UK Germany
global parcel volume

111bn 21bn 9bn


parcels parcels parcels
5bn 4bn
parcels parcels
in 2022

2022 Parcel Volume Growth

India had the China’s growth rate


highest YOY parcel slowed to just

2
volume growth at
%
18 %
the lowest in the
eight-year history
of the index

2022 Parcel
Shipping Revenue
Total carrier parcel
revenue decreased to
US China Japan $485bn, down 1%

198bn 157bn 27bn


from $489bn in 2021

Total Revenue Total Revenue Total Revenue

2022 Revenue
Per Parcel Canada USA France
Globally,
the revenue
per parcel
was $3.02 $9.2 $9.8 $8.6 $9.3 $9.6 $9.1
in 2022
2021 2022 2021 2022 2021 2022

Pitney Bowes Parcel Shipping Index © 2023 Pitney Bowes Inc. All rights reserved.

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