Forecast: Employment in Inland Freight Waterway Transport Sector in Italy

Employment in Italy's Inland Freight Waterway Transport Sector showed notable fluctuations from 2013 to 2023. The sector saw a significant decline in 2014 by 15%, which then gradually stabilized with modest growth in years like 2015 and 2016. However, a larger growth spurt occurred in 2017 and 2018, leading to an eventual peak in 2019. The COVID-19 pandemic in 2020 caused a sharp drop, but recovery was swift in subsequent years, culminating in a 2023 value of 553 units, up by 8.64% year-on-year. The last five years had an average annual growth of 2.74%.

Future trends anticipate moderate growth in employment with a forecasted 5-year CAGR of 2.03%, indicating a steady, albeit slower, increase. By 2028, employment is projected to reach 628 units. Emerging trends to watch include technological advancements in logistics, sustainability initiatives, and the impact of EU regulations on water transport operations.

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