Forecast: Intraport Waterborne Freight in the US

Analyzing the intraport waterborne freight in the US from 2013 to 2023, we observe varying trends. Volume stood at 71.47 million short tons in 2023. The market experienced a substantial dip in 2020 with a -44.53% YoY decline, recovering with a 68.04% increase in 2021. Recent years show modest fluctuations with -0.92% YoY decline in 2023 and an average yearly decrease (CAGR) of -0.94% from 2018 to 2023.

Looking forward, forecasts indicate a steady decline at a CAGR of -0.78% from 2024 to 2028, reflecting a potentially shrinking market with a projected overall decrease of -3.84% over five years.

Future trends to watch for:

  • Potential impacts of environmental regulations on shipping volumes.
  • Technological advancements in maritime logistics and their effects on efficiency and freight volume.
  • Changes in global trade dynamics and their influence on intraport freight movements.

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