Key Market Indicators
Icelandic container traffic volumes are set to reach 348,000 Twenty-Foot Equivalent Units (TEUs) by 2026. This would represent a 1% average annual growth rate since 2021, when volumes were at 314,520 TEUs. Since 2012, Icelandic demand has increased by 3.8% each year. In 2021, Iceland ranked 95th in the world for container traffic volumes. Cuba was ahead in the rankings at 314,520 TEUs. The United States, Singapore and South Korea placed second, third and fourth, respectively.