As of 2023, Yantai Port in China had [insert 2023 value here] 10,000-ton class berths. The forecasts from 2024 to 2028 suggest a year-on-year increase, with berth numbers rising from 127 in 2024 to 150 by 2028. The growth from 2024 to 2025 is 4.7%, from 2025 to 2026 is 3.8%, from 2026 to 2027 is 4.3%, and from 2027 to 2028 is 4.2%. The compound annual growth rate (CAGR) over this five-year period is around 4.1%.
Future trends to watch for:
- Expansion projects that might accelerate growth rates beyond current forecasts.
- Technological advancements influencing port efficiencies and capacity.
- Trade policy changes impacting regional shipping demand.
