The forecasted volume of container ships in Japan for 2024 is 888.84 Long Tons, marking a continuous increase from previous years. In 2023, the volume was at 860.45 Long Tons. The projections from 2024 to 2028 show an incremental rise with the following year-on-year percentage variations: 3.4% increase in 2025, 3.3% in 2026, 3.1% in 2027, and 3.2% in 2028. Over the past two years, from 2023 to 2025, the volume increased by 6.9%. The Compound Annual Growth Rate (CAGR) over the next five years is approximately 3.2%.
Key future trends to watch for include:
- The impact of global economic conditions on trade volumes, which can affect the demand for container shipping.
- Technological advancements in shipping efficiency and container management.
- Environmental regulations impacting fuel choices and potentially imposing new operational costs.
- Shifts in global trade routes and partnerships, which might influence container ship demand and capacity needs in Japan.