In 2024, Spain leads the European market in the number of liquid bulk tankers with a share of 12.06%, followed by the United Kingdom at 11.61%, and Italy at 11.26%. Other notable shares include the Netherlands at 10.24% and Norway at 9%. Despite some countries like the United Kingdom experiencing a year-on-year decrease (-1.31%), others such as Norway (4.23%) and Germany (12.42%) showed significant growth. Over the past five years, Germany exhibited remarkable growth, driven by a CAGR indicating a sustained upward trend.
Future trends worth monitoring include:
- Potential expansion in Germany and Norway due to sustained growth patterns.- Impact of Brexit on the UK's market share.- Technological advancements in tanker design influencing fleet sizes.- Regulatory changes regarding environmental standards impacting the Baltic and North Sea regions.- Economic conditions affecting investment in maritime infrastructure across different countries.
Top countries in Number of Liquid Bulk Tankers Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 12.06 | 2023 | -0.8% | +0.35% | View data |
| 2 | 2 United Kingdom | 11.61 | 2023 | -1.25% | -1.31% | View data |
| 3 | 3 Italy | 11.26 | 2023 | +2.07% | +1.43% | View data |
| 4 | 4 Netherlands | 10.24 | 2023 | +0.29% | -0.062% | View data |
| 5 | 5 Norway | 9 | 2023 | +5.17% | +4.23% | View data |
| 6 | 6 Greece | 8.28 | 2023 | +3.49% | +1.88% | View data |
| 7 | 7 Belgium | 6.65 | 2023 | +2.07% | +2.05% | View data |
| 8 | 8 France | 6.61 | 2023 | +4.07% | -0.16% | View data |
| 9 | 9 Sweden | 4.97 | 2023 | +1.12% | +3.05% | View data |
| 10 | 10 Germany | 3.9 | 2023 | -0.068% | +12.42% | View data |
