Forecast: Container Port Traffic in North America

Container port traffic in North America has shown a generally positive trend from 2013 to 2023. In 2023, the container port traffic stood at 69.745 million TEUs. Historically, the market saw notable growth periods, such as a 14.34% increase in 2021, though it also experienced a dip in 2020 with a -3.32% year-on-year change. The 5-year CAGR leading up to 2023 was 3.12%, indicating moderate growth over the medium term.

From 2024 onwards, the data projects continued growth, although at a slower pace. Forecasts suggest a 5-year CAGR of 1.62% from 2024 to 2028, with an 8.34% total growth rate over the same period, reaching 77.214 million TEUs by 2028.

Future trends to watch for:

• Impact of technological advancements on port efficiency and handling capacity.
• Changes in global trade policies and their effect on North American port traffic.
• Sustainability and environmental regulations influencing port operations.
• Economic factors and supply chain dynamics post-pandemic.