Key Market Indicators
**French Sea Transportation Expenditure Soars to €691 Million by 2028** France's expenditure on sea transportation is projected to climb to €691 million by 2028, up from €555 million in 2023. This marks an average annual growth rate of 3%. Since 2013, the demand for sea transportation in France has surged by an impressive 109% annually. **Decline in French Passenger Ship Fleet** In contrast, the French passenger ship fleet is expected to experience a significant decline. By 2028, the fleet is anticipated to shrink to 3,080 units, down from 5,410 units in 2023. This represents a compound annual growth rate (CAGR) decline of 9%. Since 2003, the French passenger ship supply has decreased by an average of 6% annually. As of 2023, France ranked sixth in terms of fleet size. Germany surpassed France with a fleet of 5,410 units. Spain, Greece, and Italy held the second, third, and fourth positions, respectively.