Over the past decade, the number of container ships in Turkey has exhibited significant fluctuations in Million Gross Tonnage. From 2013 to 2016, there was a robust upward trend, peaking in 2016. However, 2017 saw a notable decline, followed by a period of recovery with relatively stable growth rates till 2021. The year 2022 witnessed a slight drop, but 2023 marked a recovery with a modest year-on-year growth of 3.86%.

From 2019 to 2023, the Compound Annual Growth Rate (CAGR) was 2.03%. The forecasted data from 2024 to 2028 suggests a steady growth trend, with a forecasted 5-year CAGR of 2.63% and an overall increase of 13.86% by 2028, indicating a stable upward trajectory in container ship capacity in Million Gross Tonnage.

Future Trends to Watch For:

Technological advancements in shipbuilding and container management.
Geopolitical factors influencing trade routes and international shipping regulations.
Environmental regulations leading to changes in fleet composition and operations.
Economic growth in the region, influencing trade volumes and shipping demand.