Key Market Indicators
Canadian container traffic volume is projected to hit approximately 8 million Twenty-Foot Equivalent Units (TEUs) by 2028, up from around 7.3 million TEUs in 2023. This reflects an average annual growth rate of 1.6%. Since 2005, Canada's demand for container traffic has increased by an average of 1.5% per year. In 2023, Canada ranked 26th globally for container traffic volume, with Sri Lanka surpassing it at the same volume of approximately 7.3 million TEUs. Top spots in the ranking were held by Slovenia, the United States, and Singapore, which secured the second, third, and fourth positions respectively.
