In 2023, the gross weight of outwards short sea shipped goods in the UK was estimated at approximately 123.86 million metric tons. Forecasted figures suggest a year-on-year decline starting from 2024, with values dropping from 121.32 million metric tons in 2024 to 113.16 million metric tons by 2028. These forecasts indicate a consistent declining trend with a Compound Annual Growth Rate (CAGR) of approximately -1.7% over the 5-year period from 2024 to 2028.
Future trends to watch for include:
- Economic factors such as Brexit impact and UK trade policies affecting maritime shipments.
- Environmental regulations that could shift cargo towards more sustainable modes of transport.
- Technological advancements in logistics and shipping potentially altering supply chain efficiencies.
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