The European production value of sea and coastal freight water transport in 2023 shows Denmark leading with a substantial share of 36.63 million euros. Norway and Germany follow with 18.32 and 17.78 million euros, respectively. Most countries have experienced modest variations, with notable growth in Ireland (19.74%) and significant declines in Sweden (-5.81%) and Finland (-5.68%). Countries like Portugal and Hungary saw exceptional increases, with Hungary exhibiting a remarkable 94.93% growth. Five-year trends indicate a stable yet variable market landscape, with specific countries showing volatility depending on domestic and international factors.
Future trends to watch include the impact of environmental regulations and technological advancements on the industry. Emerging geopolitical influences and global trade dynamics may shift production values, requiring countries to adapt swiftly. Innovations in sustainable shipping and logistics efficiency could redefine market leadership and growth prospects across the region.
Top countries in Production Value of Sea and Coastal Freight Water Transport Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 36.63 | 2023 | +2.2% | +2.67% | View data |
| 2 | 2 Norway | 18.32 | 2023 | +6.64% | +1.77% | View data |
| 3 | 3 Germany | 17.78 | 2023 | -1.77% | -1.15% | View data |
| 4 | 4 Netherlands | 6.8 | 2023 | +1.28% | +0.92% | View data |
| 5 | 5 Italy | 6.44 | 2023 | +1.01% | -0.42% | View data |
| 6 | 6 United Kingdom | 5.7 | 2023 | -0.74% | -1.82% | View data |
| 7 | 7 Belgium | 3.12 | 2023 | +6.63% | -1.21% | View data |
| 8 | 8 Spain | 1.33 | 2023 | +4.71% | +0.19% | View data |
| 9 | 9 Sweden | 1.21 | 2023 | -5.43% | -5.81% | View data |
| 10 | 10 Greece | 1.13 | 2023 | +3.75% | +2.85% | View data |
