The analysis reveals that in 2023, Greece led in vessel numbers with an increase of 2.21%, followed by Italy, which experienced a decrease of 1.22%. Malta showed a significant growth rate of 9.84%, whereas the United Kingdom and Poland saw declines of 2.58% and 2.73%, respectively. Noteworthy trends include a stable number for Spain at 2.13% growth and a marked increase in Norway at 3.34%. Countries like Cyprus and Slovenia continued to face reductions in their fleet size by over 2% each.
Looking forward, European countries may experience shifts due to technological advancements in ship design and sustainable fuel innovations. Monitoring regulatory changes and their impact on fleet expansions or reductions will be crucial. Additionally, economic conditions and global trade agreements will play pivotal roles in shaping the transport and shipping sectors across Europe.
Top countries in Number of Vessels by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 533,810 | 2023 | +8.17% | +2.21% | View data |
| 2 | 2 Italy | 402,170 | 2023 | -1.93% | -1.22% | View data |
| 3 | 3 Denmark | 319,150 | 2023 | -1.38% | -0.38% | View data |
| 4 | 4 Croatia | 303,850 | 2023 | +9.8% | +1.65% | View data |
| 5 | 5 Spain | 221,070 | 2023 | +12.75% | +2.13% | View data |
| 6 | 6 Germany | 104,240 | 2023 | -0.92% | -1.57% | View data |
| 7 | 7 United Kingdom | 101,750 | 2023 | -1.58% | -2.58% | View data |
| 8 | 8 Sweden | 78,760 | 2023 | +1.49% | -0.85% | View data |
| 9 | 9 Norway | 68,810 | 2023 | +3.38% | +3.34% | View data |
| 10 | 10 France | 67,660 | 2023 | +10.94% | +1.09% | View data |
