Key Market Indicators
Estonia's vessel fleet is projected to expand significantly, reaching approximately 36,100 units by 2028. This marks an increase from the current fleet size of around 32,260 units in 2023, representing an annual growth rate of 1.8%. Since 2007, Estonia's supply of vessels has seen a steady increase of 1.3% each year. In 2023, Estonia held the 13th position globally in terms of fleet size, with the Netherlands surpassing it at the same figure of 32,260 units. In the global rankings, Italy, Denmark, and Croatia secured the second, third, and fourth spots, respectively.
