The gross weight of goods transported by sea in Turkey has shown a steady increase over the years. From a value of 357.09 million metric tons in 2013, the volume reached 506.63 million metric tons in 2023. The year-on-year variation was typically positive, with notable peaks in 2015 (8.74%) and 2017 (9.21%), and only a slight decline in 2018. Over the last two years (2022-2023), the growth rate stabilized, exhibiting a moderate increase of 2.84% in 2023. The five-year compound annual growth rate (CAGR) from 2019 to 2023 was approximately 3.4%.
Forecasts from 2024 to 2028 project continued growth, albeit at a slightly lower pace. The forecasted five-year CAGR for 2028 is estimated at 2%, with an overall growth rate of 10.4% by 2028.
Future trends to watch for include technological advancements in shipping logistics, potential regulatory changes, and economic factors such as global trade dynamics and regional stability, which could significantly impact the volume of seaborne goods transported in Turkey.
