The Inland Waterway Transport Sector in Italy experienced significant variability over the period from 2013 to 2023. The sector's production value, measured in million euros, underwent an increase from 2013 to 2019, with a noticeable surge in 2015. However, there was a sharp decline in 2020, likely influenced by external factors such as the COVID-19 pandemic. Recovery followed in 2021 and growth continued into 2022 and 2023, standing at €591.8 million in 2023.
Year-on-year variations reveal substantial shifts: a drop of nearly 39% in 2020, a recovery in 2021 with a 38% increase, followed by growth in 2022 and 2023 at 19.57% and 13.03%, respectively. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) stood at 3.41%.
Forecasted data suggests a continued growth trajectory through 2028, with an anticipated 2024 value of €615.5 million, reaching €709.5 million by 2028. The average annual growth rate forecasted over the next five years is 2.88%, amounting to a total increase of 15.27% for this period.
Future trends to watch for include the impact of environmental regulations and technological advancements in the sector, which could drive innovation and enhance efficiencies in inland waterway transport. Monitoring the economic recovery and market demand will be essential for accurate forecasting and strategic planning.
