In 2023, Greece led the European shipping industry with a 21.94% share, followed by Italy (16.53%) and Denmark (13.12%). Spain and Croatia showed slight growth in vessel share, whereas Germany and the UK saw reductions. Notably, Malta experienced the highest increase at 9.84%, whereas Cyprus and Slovenia faced the steepest declines. Malta, Romania, and Norway witnessed significant growth, with Norway's share increasing by over 3%.
Future trends suggest a continued focus on sustainability and technological advancements impacting vessel dynamics. Countries like Malta may see further growth if they capitalize on emerging maritime technologies and environmental regulations.
Top countries in Number of Vessels Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 21.94 | 2023 | +8.17% | +2.21% | View data |
| 2 | 2 Italy | 16.53 | 2023 | -1.93% | -1.22% | View data |
| 3 | 3 Denmark | 13.12 | 2023 | -1.38% | -0.38% | View data |
| 4 | 4 Croatia | 12.49 | 2023 | +9.8% | +1.65% | View data |
| 5 | 5 Spain | 9.08 | 2023 | +12.75% | +2.13% | View data |
| 6 | 6 Germany | 4.28 | 2023 | -0.92% | -1.57% | View data |
| 7 | 7 United Kingdom | 4.18 | 2023 | -1.58% | -2.58% | View data |
| 8 | 8 Sweden | 3.24 | 2023 | +1.49% | -0.85% | View data |
| 9 | 9 Norway | 2.83 | 2023 | +3.38% | +3.34% | View data |
| 10 | 10 France | 2.78 | 2023 | +10.94% | +1.09% | View data |
