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Latvia Maritime Passenger Transport Industry Outlook 2022 - 2026

See how Latvia Maritime Passenger Transport performed compared to key markets such as Croatia, Spain and Italy.

Key Market Indicators

Latvian Passenger Ship Fleet is set to reach 1,070 Units by 2026 from 970.2 Units in 2021, growing 0.3% year on year CAGR. Since 2009, Latvian supply grew 4.4% year on year. The country ranked number 9 in 2021, Portugal overtook with 970.2 Units. Spain, Italy and Greece respectively came in numbers 2, 3 and 4 in this ranking.

Latvian Sea Transportation Expenditure is set to reach €32.64 Million by 2026 from €28.8 Million in 2021, growing 1.5% year on year on average. Since 2013, Latvian demand rose 7.6% year on year. The country came in number 6 in 2021, Italy overtook at €28.8 Million. Finland, Estonia and Belgium respectively ranked numbers 2, 3 and 4 in this ranking.

Latvia Maritime Passenger Transport Market Data and Forecasts

How much will Latvia Maritime Passenger Transport Market grow to 2026?

Forecast: Employment in Sea and Coastal Passenger Water Transport Sector in Latvia
Forecast: Turnover of Inland Passenger Water Transport in Latvia
More in Maritime Passenger Transport Industry for 2026