In 2023, the import of ships, boats, and other floating structures to Germany stood at 1.4413 billion USD. The year-on-year variation for 2023 was -11.9%, showing a continued decline from previous years, following an average annual variation (CAGR) of -9.87% over the last five years. The import value has been on a downward trend since 2013, with considerable fluctuations including significant drops of -49.16% in 2020 and -44.11% in 2014, and occasional increases such as 41.83% in 2016 and 52.76% in 2021.
The future forecast up to 2028 predicts further shrinkage in import values. The average annual forecasted variation (CAGR) for the next five years is expected to be -19.28%, with the projected import value declining by approximately 65.73% over this period.
Trends to watch for in the future include technological advancements in maritime transport, shifts towards domestic production, potential impacts of environmental regulations, and macroeconomic factors that could influence demand for imported maritime structures in Germany.
