The maritime container transport sector in New Zealand has shown a steady increase over the years, rising from 2.5 million TEUs in 2013 to 3.22 million TEUs in 2023. The sector saw varied year-on-year growth, peaking at 8.73% in 2017 and experiencing a decline of -5.87% in 2020, likely due to the global pandemic's impact. The last two years depict moderate growth with a 2.48% increase in 2022 and a 2.39% increase in 2023. The five-year CAGR up to 2023 stood at 0.31%.
Future trends to watch for include:
- Projected continuous growth till 2028 with a forecasted five-year CAGR of 1.7%.
- A focus on sustainability and green initiatives in maritime transport.
- Technological advancements and automation improving efficiency and capacity.
