From 2013 to 2023, Spain's coastal shipping freight in Billion Tonne Kilometers exhibited significant fluctuations. The period showed consistent growth from 2013 to 2019, peaking in 2019 with a notable decline in 2020 due to the global pandemic. Recovery ensued, reaching 51.63 in 2023.
Year-on-year variation: 2022-2023 saw a 4.47% increase. The five-year CAGR leading up to 2023 was 0.52%, demonstrating moderate growth despite earlier volatility.
Future trends: Forecast until 2028 indicates steady but modest growth, with a forecasted five-year CAGR of 0.45%. Key aspects to watch include shifts in global trade dynamics, regulatory changes in maritime transport, and advancements in sustainable shipping technologies.
