Container port traffic in South Africa stood at 4.7503 million TEUs in 2023. The data between 2013 and 2023 shows fluctuations with an overall downward trend in the initial years followed by a recovery. From 2013 to 2023, several drops occurred, including significant declines in 2016 and 2020. Recent years have shown some recovery with positive year-on-year growth in 2021, 2022, and 2023. The 5-year CAGR up to 2023 stands at -0.59% indicating a slight contraction over this period.
Future Trends to Watch For:
- Expected slow but steady growth with a forecast 5-year CAGR of 0.85%.
- Recovery post-2023 with projections showing consistent annual increases in container port traffic, reaching 5.0098 million TEUs by 2028.
- Potential impact of global trade dynamics, infrastructure improvements, and regional economic conditions on traffic volumes.
