Press Release Summary = Containerport demand growth in the Americas has accelerated in recent years. Booming imports from Asia and the above-average economic growth of western US states have put particular pressure on ports on North America's Pacific seaboard.
Press Release Body = Containerport demand growth in the Americas has accelerated in recent years. Booming imports from Asia and the above-average economic growth of western US states have put particular pressure on ports on North America's Pacific seaboard. There are concerns about the capacity of these ports and intermodal systems to handle continued long-term growth in demand. The expansion of Panama Canal capacity and increases in all-water services to the east coast will provide an alternative route. The development of Mexican ports could provide another.
This complex combination of factors is analysed in this new study. It provides forecasts of North American containerport demand to 2020, based on the expected economic expansion of regional hinterlands and anticipated market shares of each port range, including the Mexican Pacific.
Containerport demand in Latin America and the Caribbean has also expanded strongly, particularly in Brazil, where recently privatised port operations have difficulty keeping up with the strength of the country's exports. Further growth in these markets will be spurred by the continued expansion of relay and hub-and-spoke transshipment centres on both sides of the Central American isthmus.
The study analyses both import/export and transshipment markets, and provides new forecasts of containerport demand in Latin America and the Caribbean.
An \"increased-risk\" scenario is included to reflect the possibility of protectionist measures or other shock to trade, brought about by concerns about the US trade deficit.
The overall outlook is, nevertheless, for strong long-term demand growth, based on regional economic expansion and increasing transshipment demand.
The major regions covered in Containerport Markets in the Americas to 2020 are:
North America: ▪ Pacific North ▪ Atlantic North ▪ US Gulf Coast ▪ US Pacific South ▪ Atlantic South ▪ Mexican Gulf Coast ▪ Mexican Pacific
Central America/Caribbean Basin: ▪ Caribbean islands ▪ Other Caribbean basin ▪ Central American Pacific
South America: ▪ Atlantic ▪ Pacific
On the supply side, current investment projects and plans are reviewed in detail. The resultant prospective development of port capacity is quantified to 2015. This provides the basis for comparing demand and supply, in order to identify potential surplus capacity or shortfalls. The level of capacity utilisation will indicate the likely direction of container handling prices. Containerport productivity is analysed by country or port range, in terms of TEUs per metre of container quays, and TEUs per quayside container gantry crane.
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2025
