Sea container transport in South Korea experienced fluctuating year-on-year variations from 2013 to 2023. In 2023, the volume stood at 32.611 million TEUs. The year-on-year changes reflect significant variations, particularly a steep decline in 2020 due to the global pandemic, followed by a robust rebound in 2021. Over the last two years, growth averaged 5.25%, with a CAGR of 2.4% from 2018 to 2023.

Looking forward to the next five years, the market is projected to expand cautiously with a forecasted CAGR of 1.9% and an overall growth of 9.85%. Future trends to watch for include:

Impact of global trade policies and economic shifts on container volumes.
Technological advancements in sea transportation and port infrastructures.
Environmental regulations and their influence on operational costs and practices.
Fluctuations in global demand, particularly influenced by geopolitical tensions.