Key Market Indicators
Belgium’s container traffic volume is projected to hit approximately 15.6 million Twenty-Foot Equivalent Units (TEUs) by 2028, up from around 13.8 million TEUs in 2023. This represents an average annual growth rate of 1.9%. The demand for container traffic in Belgium has shown a consistent upward trend, increasing by 3.7% annually since 2005. As of 2023, Belgium ranked 12th globally, with Germany surpassing it at the same volume of 13.8 million TEUs. Slovenia, the United States, and Singapore occupied the second, third, and fourth positions, respectively. In terms of container handling at ports, Belgium is expected to reach 16.4 million TEUs by 2028, up from 14.1 million TEUs in 2023, with a compound annual growth rate (CAGR) of 2.4%. Since 2002, the Belgian market has seen a robust annual growth rate of 4.7%. In 2023, Belgium ranked fourth in this category, with the Netherlands taking the lead at 14.1 million TEUs. Germany and the Netherlands were second and third, respectively, ahead of Belgium. Additionally, another forecast indicates that Belgian container handling at ports will grow to 14.5 million TEUs by 2028, from 12.8 million TEUs in 2023, reflecting a 1.9% annual growth rate. Since 2010, the market has grown at an annual rate of 3.4%. In 2023, Belgium held the fourth position, with the Netherlands again in the lead at 12.8 million TEUs. Germany and the Netherlands maintained their second and third positions, respectively.
