The number of 10,000-ton class berths in China is forecasted to steadily increase from 2024 to 2028, starting at 2,440 in 2024 and reaching 2,730 by 2028. This growth represents a consistent annual increase, with a Compound Annual Growth Rate (CAGR) of approximately 2.85% over these five years. This growth trend signifies a strong and ongoing investment in maritime infrastructure to accommodate increasing trade volumes and bolster China's position in global trade.
In 2023, the actual number of berths stood at around 2,380. The year-on-year growth from 2023 to 2024 is expected to be approximately 2.52%, continuing this upward trajectory through the subsequent years.
Future trends to watch for include:
- Technological advancements in port operations to enhance efficiency.
- Emerging environmental regulations impacting port expansions and upgrades.
- Potential geopolitical tensions affecting trade routes and port utilization.
