Key Market Indicators
Korean container traffic volume is projected to climb to approximately 34.8 million Twenty-Foot Equivalent Units (TEUs) by 2028. This marks a rise from about 31.2 million TEUs recorded in 2023, reflecting a compound annual growth rate (CAGR) of 1.7%. Since 2005, the demand for container traffic in Korea has seen an average yearly increase of 1.6%. In the global rankings for 2023, Korea held the fourth position, with Singapore leading at roughly 31.2 million TEUs. Slovenia, the United States, and Singapore occupied the second, third, and fourth spots, respectively, in the international container traffic rankings.
