Analysis of the Sea and Coastal Freight Water Transport sector in Poland shows notable fluctuations over the past decade. Notably, the sector hit a low in 2013 but saw steady growth until 2017, reaching a peak in 2020. However, between 2021 and 2022, the sector experienced a slight decline and moderate recovery, ending 2023 with a value of 1430 million Zloty. The year-on-year variation reflects a 1.92% growth in 2023, with a compound annual growth rate (CAGR) of 1.39% forecasted for the next five years.
Future trends to watch for:
- Economic recovery post-COVID-19 impact, which could influence freight volumes and values.
- Technological advancements in maritime logistics potentially boosting efficiency.
- Environmental regulations that may affect operational costs.
- Fluctuations in global trade agreements impacting demand.