I’m using Docker to import OpenStreetMap data locally.
I’m using osm2pgsql docker image and postgis-osm docker image.

Steps

Pull docker image:

docker pull ingmapping/postgis-osm

Start posgresql with postgis docker image :

docker run --name postgis-osm -d -p  5432:5432 ingmapping/postgis-osm

Create a directory and download .osm.pbf file:

mkdir ~/osm
cd ~/osm
wget https://download.geofabrik.de/europe/faroe-islands-latest.osm.pbf # Faroe Islands (small size for testing)
wget https://ftp.fau.de/osm-planet/pbf/planet-latest.osm.pbf # Planet (big size)

Run import:

docker run -i -t --rm --link postgis-osm:pg -v ~/osm:/osm ingmapping/osm2pgsql -c 'osm2pgsql --create --slim --cache 2000 --number-processes 4 --database $PG_ENV_POSTGRES_DB --username $PG_ENV_POSTGRES_USER --host pg --port $PG_PORT_5432_TCP_PORT /osm/faroe-islands-latest.osm.pbf'

Now you can connect to local postgresql database and read data:

• Host: 127.0.0.1
• Port: 5432
• Username: postgres
• Password: password

IMPORTANT: Run on a machine with a lot of DISK SPACE (min 1TB)