The International Air Transport Association's (IATA's) latest Airline Industry Forecast predicts average international freight growth of three per cent per year over the next five years, meaning volumes will total 34.5 million tonnes by 2016, 4.8 million tonnes more than in 2011. The Association is tipping 1.4 per cent growth in 2012 accelerating to 3.7 per cent in 2016. The five fastest-growing international freight markets over the 2011-2016 period are expected to be Sri Lanka (8.7 per cent), Vietnam (7.4 per cent), Brazil (6.3 per cent), India (6.0 per cent) and Egypt (5.9 per cent). Five of the 10 fastest-growing countries are in the Middle East North Africa (MENA) region, reflecting that area's growing importance in international airfreight. International freight demand will rise by three per cent in the Asia-Pacific region. Routes within and connected to the Asia-Pacific region will comprise some 57 per cent of cargo shipments. Europe will see the slowest growth of any region at 2.2 per cent, while the predicted figure for North America is 2.4 per cent.