The production value of sea and coastal freight water transport in Italy displayed significant fluctuations over the years. From 2013 to 2023, values initially dipped, recovered slightly, and then plateaued. In 2023, the production value stood at €5.62 billion. The year-on-year percentage variation showed substantial dips and recoveries, with a notable decline in 2016, a steep fall in 2020 due to the pandemic, and a slight recovery in subsequent years. The cumulative average growth rate (CAGR) over the past five years (2018-2023) was -0.42%, reflecting a minor annual decrease.
Looking ahead, the forecast indicates a gradual decline in production value, with a CAGR of -0.9% expected over the next five years, leading to a projected value of €5.31 billion by 2028. This forecasted trend is expected to result in a total decline of 4.41% from the 2023 value.
Future trends to watch for include:
- The impact of green shipping initiatives and regulatory changes on operational costs.
- Potential shifts in global trade patterns due to geopolitical developments.
- Technological advancements in logistics and transport efficiency.
- The ongoing effects of economic recovery post-pandemic.
