Key Market Indicators
Saudi Arabia's container traffic volume is projected to climb to 12.4 million Twenty-Foot Equivalent Units (TEUs) by 2028, up from approximately 10.5 million TEUs in 2023. This marks an average annual growth rate of 2.6%. Since 2005, Saudi demand for container traffic has shown a consistent increase of 4% each year. However, in 2023, Saudi Arabia ranked 18th globally in container traffic volume, with the United Kingdom surpassing it at the same volume of 10.5 million TEUs. Leading the global rankings, Slovenia, the United States, and Singapore occupied the second, third, and fourth positions respectively.
