In 2024, Germany remains the leader in European inland freight water transport with a production value of 658.0 million Euros, despite experiencing a 5.57% decrease from the previous year. France and Belgium follow with values of 375.4 million Euros and 216.6 million Euros, respectively, showing minimal variation over the last year. Greece saw a remarkable increase of 127.37%, positioning it as a noteworthy performer. Similarly, Bosnia and Herzegovina and Denmark experienced substantial growth at 31.76% and 19.38%, respectively. Conversely, countries like Poland (-9.35%) and Croatia (-3.43%) saw a decline in their production values.
The five-year CAGR reveals consistent growth in countries like Switzerland, Serbia, and Sweden, while some fluctuations are apparent across other nations. Given the forecasted data for 2024, the inland freight water transport sector in countries such as Germany and France is expected to stabilize, while emerging players like Greece and Finland might continue to see significant growth.
Future trends to watch for include:
- Germany's ability to rebound from a recent decline and maintain its market leader status.
- Continued robust growth in Greece and how it affects the overall market dynamics.
- Potential impacts of economic and environmental policies on growth rates, particularly in smaller markets like Bosnia and Herzegovina and Denmark.
- The technological advancements in freight transport and their adoption across various European countries.
Top countries in Production Value of Inland Freight Water Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 658 | 2023 | -7.7% | -5.57% | View data |
| 2 | 2 France | 375.4 | 2023 | -0.19% | -1.26% | View data |
| 3 | 3 Belgium | 216.6 | 2023 | +0.84% | +3.35% | View data |
| 4 | 4 Greece | 127.6 | 2023 | +30.87% | +127.37% | View data |
| 5 | 5 Switzerland | 127.5 | 2023 | +3.16% | +3.9% | View data |
| 6 | 6 Serbia | 121.6 | 2023 | +7.33% | +9.9% | View data |
| 7 | 7 Romania | 120.2 | 2023 | +0.25% | +0.77% | View data |
| 8 | 8 United Kingdom | 102.1 | 2023 | +3.03% | -0.059% | View data |
| 9 | 9 Italy | 55.4 | 2023 | +6.74% | +1.31% | View data |
| 10 | 10 Hungary | 50.5 | 2023 | +0.2% | +2.7% | View data |
