Global container trade growth
1 Oct 2019 Trade volume growth should accelerate slightly to 2.7% in 2020 while global GDP growth holds steady at 2.3% (at market exchange rates), but I'm clear you're looking for open data and NOT vendors, but I've found some of these vendors do give attribution to their sources and thus aid your search from Global container growth forecast to rebound. Global container growth forecast to rebound. Container volume growth slowed in 2018 and early 2019, but analysts are predicting a reversal of that trend in the near term. Global container trade is expected to grow by up to 3.8% annually by 2020 in a bullish scenario and 2.2% in a bearish scenario, although the industry would need to behave in a "reasonable" manner, according to The Boston Consultancy Group (BCG). Between 2020 and 2021, the global container market is projected to increase by 4.8 percent. The global market volume reached some 146.4 million twenty-foot equivalent units (TEU) in 2018.
CONTAINER TRADE GROWTH of total trade, with Europe the next most important region with 22 per cent of the total. North America generates a volume that is slightly smaller, accounting for 17 per cent of the total trade. North Asia and South-East Asia account for 10 per cent each of global volumes.
Growth in container trade is ultimately driven by economic growth. An underlying assumption of this study is that, for the next decade at least, the structural relationships In 2018, the WTO is forecasting trade growth between 2.1% and 4%. The unpredictable direction of the global economy in the near term and the lack of clarity about government action on monetary, fiscal and trade policies raises the risk that trade activity will be stifled. In terms of value, global seaborne container trade is believed to account for approximately 60 percent of all world seaborne trade, which was valued at around 12 trillion U.S. dollars in 2017. While the quantity of goods carried by containers has risen from around 102 million metric tons Global container trade could grow 3.8% annually by 2020. Global container trade is expected to grow by up to 3.8% annually by 2020 in a bullish scenario and 2.2% in a bearish scenario, although the industry would need to behave in a "reasonable" manner, according to The Boston Consultancy Group (BCG). Shipping container price spike points to global trade growth. Henning Gloystein. 3 Min Read. said his company expected global container demand this year will rise between 2 percent to 4 The WTO is forecasting that global trade will expand by 2.4% in 2017; however, as deep uncertainty about near-term economic and policy developments raise the forecast risk, this figure is placed within a range of 1.8% to 3.6%. In 2018, the WTO is forecasting trade growth between 2.1% and 4%. Global container trade, after an annual growth of 6.1% is estimated at 138.5 million of 20-foot equivalent units (TEUs) for 2017. Asia, and China especially, are major containerized-shipping drivers whose share accounted for 64% of the world’s container throughput in 2017.
22 Feb 2018 The signing of two major trade deals with global trading partners will help send Canada's growth in imports and exports by container surging
27 May 2019 Global demand for transport will continue to grow dramatically over the An estimated 752 million TEUs were shipped through container ports. Shipping needs global trade to exist and global trade also represents a considerable source of jobs and growth and is the containers and dredging services. 12 Dec 2018 Slowing global growth and trade wars will dominate the container shipping outlook in 2019. The industry is, or at least should be, bracing for
Figure 1 illustrates the lacklustre growth of global container trade in recent years. Figure 1. Deceleration of the volume of trade using containers worldwide, 2005–
4 Jun 2018 US customs data derived from Global Trade Information Services (GTIS) showed a significant uptick for Brazilian container imports of mineral 2 Nov 2016 Historically, container shipping demand grew over 5% annually, often outpacing global economic growth. Between 2015 and 2020, BCG Broadly speaking, global trade growth was sluggish from about 2013 to 2016. As a result, the demand for new shipping containers was temporarily depressed, 30 Jul 2018 Global trade has exploded from 22% of global GDP to 59% in 2015 – at a Now, as the wave of globalisation has slowed, container growth is 11 Dec 2009 In respect of the growth of supply and demand in container shipping, based on the scheduled vessel deliveries, the report found that the fleet is 17 Aug 2017 Swamped by the 2008 trade collapse, global shipping activity is finally on the rise with enough demand to sustain growth over the long term. The Global Container Throughput Index went into a one-year funk. At the same 1 Nov 2017 McKinsey suggests container trade, which is to all intents the majority of trend over the last decade has been for slowing global trade growth,
Global container throughput is projected to increase from 650 TEUm in 2013 to 985 TEUm in 2020, achieving a 6.1% compound annual growth rate (CAGR). The forecast is based on a projection of international imports & exports (IMEX) of manufactures.
relationships between the growth in container trade and economic growth will remain Figure 3-3: Past and forecast global container volumes (1980–2015). 0. Growth in container trade is ultimately driven by economic growth. Figure 3-6 shows the global container forecasts that resulted from this process. 24 Jan 2020 While it remains difficult to change the capacity of a vessel, ship scrappage levels remain high and demand for smaller vessels appears to be on
Growth in container trade is ultimately driven by economic growth. Figure 3-6 shows the global container forecasts that resulted from this process. 24 Jan 2020 While it remains difficult to change the capacity of a vessel, ship scrappage levels remain high and demand for smaller vessels appears to be on Discover all statistics and data on Container Shipping now on statista.com! In terms of value, global seaborne container trade is believed to account for approximately 60 percent of Global container market volume - growth rate 2015-2021. 25 Apr 2019 According to the IHS Markit trade report, container trade from Europe to North America grew 4.8 percent to 4.96 million TEU last year, with the light of growth in fleet capacity that continues to exert downward pressure on rates for most major trade routes, including the busy westbound Asia–Europe lane. Figure 1 illustrates the lacklustre growth of global container trade in recent years. Figure 1. Deceleration of the volume of trade using containers worldwide, 2005– 22 Jan 2020 Our forecasts indicate global trade growth picking up to 2.5% in 2021 and 3% in 2022, driving a similar rate of growth in the container sector.