From 2013 to 2023, the number of liquid bulk tankers in Italy, measured in million gross tonnage, exhibited fluctuations reflecting several market dynamics. The period began with declines, marked most notably by a significant 16.66% decrease in 2014. However, after hitting a trough around 2016, the numbers began to recover with notable year-on-year increases such as 10.56% in 2019 and 6.89% in 2021. By 2023, the value stood at 206.07 million gross tonnage, representing a 3.46% increase from the previous year and a last five-year CAGR of 1.46%.
Looking ahead from 2024, projections indicate steady growth with a forecasted value of 210.64 million gross tonnage by 2028. This period is expected to show a moderate 0.35% CAGR and an overall growth rate of 1.76%, suggesting stabilization and gradual improvement.
Future trends to watch include:
- Potential impacts of regulatory changes on maritime shipping
- Technological advancements in tanker efficiency and capacity
- Economic factors influencing demand for liquid bulk transport
