Key Market Indicators
Irish container traffic volume is projected to climb to approximately 1.7 million Twenty-Foot Equivalent Units (TEUs) by 2028, up from roughly 1.3 million TEUs in 2023. This represents an average annual growth rate of 4.2%. Since 2005, Ireland has seen a yearly increase of 5.5% in container traffic. In 2023, Ireland ranked 58th globally, with Lebanon surpassing it with the same volume of 1.3 million TEUs. Slovenia, the United States, and Singapore secured the 2nd, 3rd, and 4th positions respectively. Meanwhile, Irish container handling at ports is predicted to reach 1.66 million TEUs by 2028, growing from 1.34 million TEUs in 2023. This marks an average annual compound growth rate (CAGR) of 3.2%. Since 2002, the Irish market has risen by an average of 6.1% per year. In 2023, Ireland ranked 12th in terms of port container handling, with Sweden taking the lead at 1.34 million TEUs. Germany, the Netherlands, and Belgium followed in the 2nd, 3rd, and 4th positions respectively.
