After taking a hit in 2020 amid the COVID-19 pandemic, both global GDP and container shipping volume are projected to grow in 2021 and 2022. While global GDP contracted by some 3.3 percent in 2020 compared with the previous year, it is expected to grow by six percent in 2021. Similarly, while the volume of containers shipped worldwide in 2020 shrank by 0.8 percent compared with 2019, it is projected to grow by 5.7 percent in 2021.
Year-on-year (YoY) change in GDP and global container volume from 2015 to 2022
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Hapag-Lloyd. (May 12, 2021). Year-on-year (YoY) change in GDP and global container volume from 2015 to 2022 [Graph]. In Statista. Retrieved May 06, 2024, from https://www.statista.com/statistics/1267931/yoy-change-in-container-transport-volumes-worldwide-monthly/
Hapag-Lloyd. "Year-on-year (YoY) change in GDP and global container volume from 2015 to 2022." Chart. May 12, 2021. Statista. Accessed May 06, 2024. https://www.statista.com/statistics/1267931/yoy-change-in-container-transport-volumes-worldwide-monthly/
Hapag-Lloyd. (2021). Year-on-year (YoY) change in GDP and global container volume from 2015 to 2022. Statista. Statista Inc.. Accessed: May 06, 2024. https://www.statista.com/statistics/1267931/yoy-change-in-container-transport-volumes-worldwide-monthly/
Hapag-Lloyd. "Year-on-year (Yoy) Change in Gdp and Global Container Volume from 2015 to 2022." Statista, Statista Inc., 12 May 2021, https://www.statista.com/statistics/1267931/yoy-change-in-container-transport-volumes-worldwide-monthly/
Hapag-Lloyd, Year-on-year (YoY) change in GDP and global container volume from 2015 to 2022 Statista, https://www.statista.com/statistics/1267931/yoy-change-in-container-transport-volumes-worldwide-monthly/ (last visited May 06, 2024)
Year-on-year (YoY) change in GDP and global container volume from 2015 to 2022 [Graph], Hapag-Lloyd, May 12, 2021. [Online]. Available: https://www.statista.com/statistics/1267931/yoy-change-in-container-transport-volumes-worldwide-monthly/