Forecast: Number of Maritime Containers in the US

The historical data for the number of maritime containers in the US shows a general upward trend despite some fluctuations. Between 2013 and 2023, volumes increased from 34.485 million TEUs to 40.808 million TEUs, showing a 1.77% year-on-year increase from 2022 to 2023. However, there were years of decline, notably in 2015 (-0.56%), 2019 (-6.44%), and 2022 (-0.94%). The Compound Annual Growth Rate (CAGR) over the past five years leading up to 2023 stands at 0.31%, indicating moderate growth.

Looking ahead, the forecasts from 2024 to 2028 predict a steady rise in maritime container volumes, reaching 43.865 million TEUs by 2028. The projected 5-year CAGR is 1.15%, with an overall growth rate of 5.87% from 2023 to 2028.

Future trends to watch:

  • Global economic conditions and their impact on trade volumes.
  • Technological advancements in logistics and supply chain management.
  • Government trade policies and tariffs.
  • Environmental regulations affecting maritime transportation.

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