Key Market Indicators
The volume of Austrian shipping freight is projected to decline significantly over the next five years, according to recent data. By 2028, the freight volume is expected to drop to approximately 860 million tonne-kilometers from the current 1,250 million tonne-kilometers reported in 2023. This represents an annual decline of about 6%. Historical trends underscore this downward trajectory. Since 1975, Austria's shipping freight volume has decreased at an average annual rate of 3.4%. As of 2023, Austria holds the eighth position globally in terms of shipping freight volume. In a notable development, Azerbaijan has surpassed Austria with a freight volume of 1,250 million tonne-kilometers, placing it ahead in the rankings. The Netherlands, Germany, and Romania occupy the second, third, and fourth positions, respectively, in the global shipping freight volume rankings.
