The sea container transport in Japan experienced fluctuations from 2013 to 2023, with significant events shaping its trend. 2013-2019 saw modest year-on-year variations, generally hovering around 1% to 5%. A notable drop occurred in 2020 with a sharp decline of -43.11%, attributed to global disruptions. The sector rebounded considerably in 2021 with an increase of 71.75%, and the growth stabilized by 2022 and 2023 with variations of 6.53% and 1.16% respectively. The compound annual growth rate (CAGR) over the past five years stood at 0.95%, reflecting ongoing recovery and stabilization in the industry.
Looking ahead, the forecast data from 2024 to 2028 projects a steady growth in sea container transport, with a forecasted CAGR of 0.94% and an overall growth rate of 4.76% by 2028. Future trends to watch for include:
- Technological advancements in shipping logistics and container tracking.
- Impact of global trade policies and regional free trade agreements.
- Environmental regulations and their effect on container transport.
- Shifts in global supply chain dynamics and import/export demands.