Based on the provided forecast data for the turnover in the inland freight waterway transport sector in Denmark, the turnover values from 2024 to 2028 are steadily increasing. Starting at 50.8 million DKK in 2024, the turnover is expected to grow incrementally each year, reaching 52.2 million DKK by 2028. This data indicates a consistent year-on-year growth pattern.
Given that we are in 2024, it is important to note the turnover in 2023 stood at 50.5 million DKK. The year-on-year variation between 2023 and 2024 is approximately 0.6%, showing a modest but steady growth rate. Over the last two years and through to 2028, this upward trend continues with year-on-year percentage variations around 1%.
The Compounded Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 stands at approximately 0.7%, highlighting a stable and consistent increase in turnover within the sector.
Trends to watch for in the future include potential advancements in waterway transport technologies, government policies on inland freight, and economic conditions affecting trade volumes. These factors could either enhance or hinder the expected steady growth in the coming years.
