Key Market Indicators
Portuguese container traffic is projected to climb to approximately 3.88 million Twenty-Foot Equivalent Units (TEUs) by 2028, up from around 3.42 million TEUs in 2023. This represents an average annual growth rate of 2%. Since 2005, the demand for container traffic in Portugal has increased by 1.5% per year. In 2023, Portugal ranked 39th globally in container traffic volume, with Poland just ahead at the same volume of 3.42 million TEUs. Leading the rankings were Slovenia, the United States, and Singapore, occupying the second, third, and fourth spots respectively. Meanwhile, Portuguese container handling at ports is expected to reach 4.02 million TEUs by 2028, up from 3.52 million TEUs in 2023, marking an average annual growth rate of 2.1%. Since 2002, the Portuguese market has seen a yearly increase of 1.9%. In 2023, Portugal ranked 8th in container handling at ports, with Greece surpassing it with the same volume of 3.52 million TEUs. Germany, the Netherlands, and Belgium were the top three countries in this ranking.