Forecast: Sea Container Transport in the UK

From 2013 to 2023, sea container transport in the UK showed an overall upward trend, though with some fluctuations. The value stood at 10.194 million Twenty-Foot Equivalent Units (TEUs) in 2023.

Notable year-on-year variations included strong growth in 2014 (15.31%) and 2016 (4.4%), with a significant dip in 2020 (-6.99%) due to global disruptions. Over the last two years, there were modest increases, with 1.09% in 2022 and 1.06% in 2023.

The compound annual growth rate (CAGR) over the past five years was -0.25%, indicating a minor overall decline. Forecasts for 2024-2028 project a 0.79% CAGR, with a total growth rate of 4.02% during this period.

Future trends to watch for include:

  • Continued recovery and growth post-2023.
  • Potential impacts of global trade policies and Brexit on UK sea container volumes.
  • Technological advancements in logistics and shipping efficiency.
  • Environmental regulations affecting shipping operations.

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