As global demand increases, congestion challenges are likely to strain regional economies, particularly in key areas of Europe, America, and East Asia.
UNCTAD predicts that maritime trade volume will grow by 2% in 2024, with containerized trade volume rising by 3.5%. Between 2025 and 2029, it is projected that total seaborne trade will expand annually by 2.4% and containerized trade by 2.7%.
As global demand increases, congestion challenges are likely to strain regional economies, particularly in key areas of Europe, America, and East Asia.
UNCTAD predicts that maritime trade volume will grow by 2% in 2024, with containerized trade volume rising by 3.5%. Between 2025 and 2029, it is projected that total seaborne trade will expand annually by 2.4% and containerized trade by 2.7%.
