The 2023 data shows Spain leading in European dry bulk carriers with 21.16 thousand gross tonnage, followed by the Netherlands and France. Norway and Germany showed minor growth, while Italy and the UK experienced declines. Significant year-on-year growth was observed in Malta, Romania, and Lithuania, whereas Sweden saw a sharp decline. Over the past two years, the trend suggests increased competitiveness among smaller countries with notable growth rates. The Compound Annual Growth Rate over five years indicates strong resilience in this sector, although there is a mix of stability and volatility across Europe.
Future trends to watch include:
- Potential recovery in Sweden and continued growth in Malta and smaller Baltic nations.
- Impact of environmental regulations on the operational capacity of the fleet.
- Expansion in digitalization and technological advancements enhancing efficiency.
Top countries in Number of Dry Bulk Carriers Share by Country (Thousand Gross Tonnage)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 21.16 | 2023 | +0.68% | +0.14% | View data |
| 2 | 2 Netherlands | 12.98 | 2023 | +2.65% | +0.65% | View data |
| 3 | 3 France | 8.05 | 2023 | +10.1% | +1.49% | View data |
| 4 | 4 Norway | 7.88 | 2023 | +6.25% | +3.04% | View data |
| 5 | 5 Italy | 7.42 | 2023 | -0.094% | -3% | View data |
| 6 | 6 Germany | 6.05 | 2023 | -0.054% | +0.9% | View data |
| 7 | 7 United Kingdom | 5.59 | 2023 | -3.44% | -3.65% | View data |
| 8 | 8 Latvia | 4.94 | 2023 | +16.38% | +2.1% | View data |
| 9 | 9 Romania | 4.53 | 2023 | +3.63% | +5.38% | View data |
| 10 | 10 Poland | 3.04 | 2023 | +1.05% | -0.58% | View data |
