Forecast: Number of Container Ships in Italy

The number of container ships in Italy, expressed in Million Gross Tonnage, stood at 337.78 in 2023. From 2013 to 2023, the series experienced both growth and decline. Initially, from 2013 to 2018, there was a steady increase, peaking in 2018 at 408.95. Post-2018, a downward trend ensued, with significant declines in 2019, 2020, and especially 2021, before a partial recovery in 2022. However, this uptick was short-lived as 2023 saw another decline.

Year-on-year variation over the last two years indicates a decline of 3.19% in 2023. The Compound Annual Growth Rate (CAGR) for the last five years, from 2018 to 2023, is -3.75%. Projecting forward, the forecasted 5-year CAGR for 2024 to 2028 is anticipated to be -2.78%, leading to an overall decrease of 13.17% by 2028, reaching an estimated 283.73 Million Gross Tonnage.

Future trends to watch include advancements in shipping technology and a shift toward more efficient and sustainable maritime logistics. The influence of global trade policies and economic factors will also play critical roles in shaping the future of container shipping in Italy.