Forecast: Container Port Traffic in the US

The container port traffic in the US has shown a general upward trend from 2013 to 2023, rising from 42.843 million Twenty-Foot Equivalent Units (TEUs) in 2013 to 62.753 million TEUs in 2023. The growth rates fluctuate yearly, with notable changes such as a 14.4% increase in 2021, due to post-pandemic recovery, and a slight decline of -2.45% in 2020 during the pandemic.

Year-on-year variations over the last two years indicate stability with a 1.34% increase in 2022 and a 2.26% increase in 2023. The compound annual growth rate (CAGR) over the past five years stands at 3.42%.

Future trends to watch for:

• Moderate growth is projected with a forecasted 5-year CAGR of 1.62%.
• Technological advancements and increased automation may enhance port efficiency.
• Trade policy changes and supply chain disruptions could impact future traffic volumes.