In 2023, the turnover in the UK Inland Freight Waterway Transport sector stood at 97.4 million pounds sterling. Forecasts for the subsequent years are as follows: 100.4 million pounds in 2024, 103.6 million pounds in 2025, 106.7 million pounds in 2026, 109.8 million pounds in 2027, and 112.8 million pounds in 2028. The year-on-year percentage variations from 2024 to 2028 are 3.1%, 3.2%, 3.0%, and 2.7%, indicating a consistent positive growth trajectory. The five-year compound annual growth rate (CAGR) is calculated at approximately 3.1%.
Future trends to watch for include potential impacts from technological advancements in logistics, increasing investments in waterway infrastructure, and potential shifts in environmental regulations favouring inland waterway freight transport. Monitoring these factors will provide valuable insights into the sector's continued growth.
