Forecast: Turnover of Sea and Coastal Freight Water Transport in the UK

The forecasted turnover of the UK sea and coastal freight water transport from 2024 to 2028 shows a steady increase, starting from 11.07 billion Euros in 2024 and reaching 12.21 billion Euros by 2028. This indicates a consistent year-on-year growth of approximately 2.63% from 2024 to 2025, 2.56% from 2025 to 2026, 2.41% from 2026 to 2027, and 2.35% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period stands at around 2.49%.

Future trends to watch for include advancements in maritime logistics technology, regulatory changes due to environmental policies, and potential fluctuations in international trade volumes. Additionally, the increasing importance of sustainable practices in the maritime industry could drive both innovation and investment, impacting turnover and operational efficiencies.

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