In 2023, the United Kingdom led the European Production Value of Sea and Coastal Passenger Water Transport sector with a share of 28.54 million euros. Italy followed closely with 25.73 million euros. Notable increases observed in Greece (7.72%), Italy (4.35%), and Denmark (3.55%) highlight a positive trend. Meanwhile, Sweden's value declined by 5.14%. Iceland experienced the most significant growth at 9.11%, though from a smaller base. Over the past five years, projections suggest a moderate but steady growth in this sector.
Future trends to watch for include the potential impacts of sustainability initiatives, the rising importance of eco-friendly transport options, and the ongoing digital transformation in the maritime sector, which may influence growth patterns across different countries. Additionally, geopolitical and economic developments in the EU may further shape these trends. With increasing emphasis on green transport, countries like Germany and Norway may become focal points for innovation in this industry.
Top countries in Production Value of Sea and Coastal Passenger Water Transport Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 28.54 | 2023 | +4.04% | +2.3% | View data |
| 2 | 2 Italy | 25.73 | 2023 | +17.31% | +4.35% | View data |
| 3 | 3 Germany | 9.47 | 2023 | +20.34% | +2.2% | View data |
| 4 | 4 Denmark | 8.34 | 2023 | +9.06% | +3.55% | View data |
| 5 | 5 Greece | 5.97 | 2023 | +16.09% | +7.72% | View data |
| 6 | 6 Norway | 5.16 | 2023 | +15.21% | +1.72% | View data |
| 7 | 7 France | 4.41 | 2023 | +11.05% | +2.77% | View data |
| 8 | 8 Finland | 3.2 | 2023 | +12.12% | +0.29% | View data |
| 9 | 9 Spain | 2.71 | 2023 | +8.8% | +3.05% | View data |
| 10 | 10 Sweden | 2.35 | 2023 | -6.9% | -5.14% | View data |
