Analysis of the Global Spending on Port Infrastructure Maintenance by country reveals that Canada leads with €2.0823 billion in forecasted spending for 2024, followed by Italy at €1.7374 billion and New Zealand at €0.45266 billion. Smaller investments are noted in Finland, South Korea, France, Sweden, Poland, Lithuania, and Albania. Year-on-year variations in 2023 highlight an increase for most countries, with Canada at 6.45%, New Zealand at 2.9%, and Italy at 2.22%. Conversely, Finland and South Korea show declines of 2.69% and 6.16%, respectively. Over the past five years, the Compound Annual Growth Rate (CAGR) has indicated a steady upward trend in Canada and Italy.
Future trends to watch in Global Spending on Port Infrastructure Maintenance by Country include:
- Increased infrastructure investments in Canada's ports driven by economic growth.
- Continued moderate growth in Italy and New Zealand's maintenance spending.
- A major focus on efficiency and technological upgrades in European ports.
- Potential fluctuations in South Korea and Finland due to economic or policy changes.
Top countries in Spending on Port Infrastructure Maintenance by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 2,082,300,000 | 2023 | +4.42% | +6.45% | View data |
| 2 | 2 Italy | 1,737,400,000 | 2023 | +0.78% | +2.22% | View data |
| 3 | 3 New Zealand | 452,660,000 | 2023 | +1.83% | +2.9% | View data |
| 4 | 4 Finland | 109,820,000 | 2023 | +0.9% | -2.69% | View data |
| 5 | 5 South Korea | 96,482,000 | 2023 | -1.57% | -6.16% | View data |
| 6 | 6 France | 47,399,000 | 2023 | -0.42% | +0.34% | View data |
| 7 | 7 Sweden | 30,845,000 | 2023 | +4.91% | +0.8% | View data |
| 8 | 8 Poland | 4,820,300 | 2021 | +20.46% | View data | |
| 9 | 9 Lithuania | 3,895,700 | 2023 | +3.09% | +5.36% | View data |
| 10 | 10 Albania | 93,470 | 2021 | View data |