Key Market Indicators
Norwegian container traffic volume is projected to reach approximately 1.18 million Twenty-Foot Equivalent Units (TEUs) by 2028, up from around 970,000 TEUs in 2023. This marks an average annual growth rate of 3.1%. Since 2012, Norway has seen an annual increase of 3.9% in container traffic. In 2023, Norway ranked 67th in the world for container traffic, with Ukraine narrowly ahead at the same volume of 970,000 TEUs. Slovenia, the United States, and Singapore occupied the 2nd, 3rd, and 4th spots, respectively. Meanwhile, Norwegian container handling at ports is expected to climb to 999,000 TEUs by 2028 from 900,000 TEUs in 2023, reflecting a compound annual growth rate (CAGR) of 1.7%. Since 2007, this market has grown by 2.3% annually. In 2023, Norway ranked 16th globally in port container handling, with Slovenia just ahead at 900,000 TEUs. Germany, the Netherlands, and Belgium took the 2nd, 3rd, and 4th positions, respectively, in the same ranking.
