The number of berths at Shantou Port is projected to increase from 97 in 2024 to 105 by 2028, indicating a steady growth trajectory. This represents an annual increase of approximately 2.04% from year to year. The Compound Annual Growth Rate (CAGR) over this five-year period is expected to be approximately 2.02%.
Future trends to watch for include:
- Continued expansion in shipping capacities to keep up with global trade demands.
- Potential investment in infrastructure upgrades to improve efficiency and accommodate larger vessels.
- Monitoring shifts in trade policies and economic conditions that may impact port operations and berth utilization.