Container market grows a modest 0.2% y/y in 2023 as the fleet swells
In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%. Container market growth has lagged behind overall economic development significantly, as the world economy has grown 10% since 2019.
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Posted:
07 February 2024
BIMCO's Shipping number of the week
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