Key Market Indicators
Luxembourg's shipping freight volume is projected to decline significantly over the next five years, reaching approximately 160 million tonne-kilometers by 2028. This marks a drop from the current level of 192 million tonne-kilometers recorded in 2023, equating to an average annual decrease of 2.8%. Historical data since 1975 shows a consistent downward trend in Luxembourg's shipping freight volume, with an average annual decline of 1.3%. In the 2023 rankings, Luxembourg held the 13th position. Poland led the list with a freight volume of 192 million tonne-kilometers. Following closely were the Netherlands, Germany, and Romania, ranking second, third, and fourth respectively.
