Key Market Indicators
Estonia's container traffic volume is projected to reach approximately 304,000 Twenty-Foot Equivalent Units (TEUs) by 2028, up from around 270,000 TEUs in 2023. This marks an average annual growth rate of 1.9%. Since 2012, the nation's demand has grown consistently at a rate of 2.4% per year. In 2023, Estonia ranked 93rd in container traffic volume, with Iceland surpassing it at the same level of 270,000 TEUs. Leading the global rankings were Slovenia, the United States, and Singapore, occupying the second, third, and fourth positions respectively. In terms of container handling at ports, Estonia is expected to handle 261,000 TEUs by 2028, up from 248,000 TEUs in 2023. This represents a compound annual growth rate (CAGR) of 0.8%. Since 2007, the Estonian market has grown at a rate of 0.7% annually. In 2023, Estonia ranked 23rd in container handling at ports, with Bulgaria surpassing it at the same level of 248,000 TEUs. The top spots in this ranking were held by Germany, the Netherlands, and Belgium.
