Key Market Indicators
India's container traffic volume is projected to hit nearly 26.6 million Twenty-Foot Equivalent Units (TEUs) by 2028. This marks an increase from approximately 21.9 million TEUs in 2023, reflecting an average annual growth rate of 3.1%. Since 2005, India's container traffic demand has surged at an average yearly rate of 5.2%. In the global rankings for 2023, India stood at the 7th position, with Japan narrowly ahead at 21.9 million TEUs. Leading the rankings, Slovenia, the United States, and Singapore occupied the 2nd, 3rd, and 4th spots, respectively.
