The number of maritime containers in Turkey stood at 13.037 million Twenty-Foot Equivalent Units (TEUs) for the year 2023. Observing the past trends, the container traffic has witnessed steady growth over the decade, marked by both ups and downs. From 2013 to 2023, the TEU volume increased from 7.8999 to 13.037 million. Significant year-on-year variations include notable growth in 2017 (14.25%) and 2021 (8.3%), while 2015 (-2.45%) and 2022 (-1.79%) experienced declines. Over the last five years, the compound annual growth rate (CAGR) was 3.75%.
Forecasting from 2024 to 2028, the TEU volume is expected to rise steadily from 13.503 million to 15.318 million, with an average annual growth rate (CAGR) of 2.56%, resulting in an overall growth rate of 13.45% during this period.
Future trends to watch for include:
- Global economic conditions which could influence Turkey's maritime trade.
- Potential infrastructural developments and investments in Turkish ports.
- The impact of geopolitical factors on trade routes and maritime activities.
- Technological advancements in port logistics and maritime transportation.
