In 2023, the number of 10,000-ton class berths at Shanghai Port stood at an actual figure prior to 193. The forecasted data predicts a steady increase from 2024 to 2028 with the berths rising from 193 to 204, showing a consistent upward trend.
The year-on-year percentage change is minimal, indicating a stable growth pattern. Specifically, the growth from 2024 to 2028 presents a compound annual growth rate (CAGR) that reflects a modest, yet sustainable expansion in the capacity of Shanghai Port.
Future trends to watch for:
- Expansion plans or infrastructure investments that may accelerate the growth rate.
- Technological advancements that could improve efficiency beyond simply adding capacity.
- Potential shifts in global trade patterns influencing the demand for additional berths.