Global Ocean Freight Forwarding Market Size and YoY Growth (2021-2032)

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in USD Million and Percentage

Infrastructure Modernisation to Enhance Long-Term Growth in the South America Ocean Freight Forwarding Market

Published by MMR Statistics Reserch Team, December 2025

Trade activity and logistics modernization continue to shape demand dynamics in South America. After robust expansion in earlier years, the market experienced mixed performance, illustrated by fluctuations such as USD 6,112.28 million in 2022 and subsequent declines in 2023. These variations reflected shifting economic conditions, capacity constraints, and changes in export-import volumes across key economies. Despite temporary slowdowns, the market remained influenced by port infrastructure upgrades and the growing adoption of digital freight platforms, which enhanced operational efficiency. Recovery trends became more apparent as the market progressed toward the next decade, supported by structural improvements and renewed trade activity. Growth momentum is expected to stabilize, with the market reaching USD 6,578.47 million in 2030 and USD 7,493.77 million in 2032, driven by rising containerized cargo movement, improved route diversification, and long-term investment in maritime logistics.

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Ocean Freight

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Information

Unit

in USD Million and Percentage

Region

South America

Time Period

2021-2032

Source Name

Maximize Market Research Pvt. Ltd

Source Link

http://www.maximizemarketresearch.com

Publisher Name

Maximize Market Research Pvt. Ltd

Publisher Link

http://www.maximizemarketresearch.com

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