The number of maritime containers in Canada has shown a consistent upward trend from 2013 to 2023, with values rising from 5.2265 million TEUs in 2013 to 7.3811 million TEUs in 2023. In 2023, the year-on-year variation was 4.43%, a recovery from the slight decline in 2022. The last five-year CAGR up to 2023 was 1.9%, indicating moderate growth. Over the next five years till 2028, the forecast suggests a CAGR of 1.77%, projecting the value to reach 8.2538 million TEUs, reflecting an overall growth rate of 9.19%.
Future trends to watch for:- Increased global trade activity may further boost container volume.- Advancements in logistics and port infrastructure could enhance capacity.- Economic fluctuations and trade policies might influence future growth rates.- Technological developments and environmental regulations could impact operations and efficiency.
