Container port traffic in Saudi Arabia saw steady growth from 2013 to 2023, reaching 10.543 million TEUs in 2023—an increase of 3.81% from the previous year. Examining the variations over the past two years, the growth rate was 2.84% in 2022 and 5.85% in 2021, highlighting a moderate but consistent upward trajectory.
Over the last five years, the compounded annual growth rate (CAGR) averaged 3.96%. Future forecasts for 2024 to 2028 indicate continued growth, albeit at a slower five-year CAGR of 2.59%, with a total expected growth rate of 13.66% over this period.
Future trends to watch for:
• Continuing growth in port traffic driven by expanding trade activities.
• Potential impacts of technological advancements in port operations and logistics.
• Evolving international trade policies and their influence on container traffic volumes.