In 2023, the European water transport industry witnessed varying turnover metrics across several countries. Germany retained its position at the top with 39.04 billion Euros, followed closely by Denmark and France. Notable year-on-year trends included significant increases in Spain (4.11%) and Poland (17.12%), while Finland experienced a sharp decline (-8.06%). Countries such as Belgium, Romania, Bulgaria, Cyprus, and Slovenia also recorded declines. Over the last five years, the compounded average growth rate reveals diverse growth trajectories, with Slovakia and Iceland displaying strong positive trends. Conversely, some countries like Bulgaria have faced persistent challenges.
Looking ahead, future trends in the European water transport sector should focus on:
- Technological advancements in green maritime transport.
- Economic impacts of geopolitical shifts and trade policies.
- Infrastructure investments in ports and waterways.
- Environmental regulations and their influence on operational costs.
- Emerging markets and regional trade agreements affecting turnover growth.
Top countries in Turnover of Water Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39,040 | 2023 | +6.49% | +0.53% | View data |
| 2 | 2 Denmark | 31,290 | 2023 | +1.96% | +0.78% | View data |
| 3 | 3 France | 24,680 | 2023 | +3.07% | +3.55% | View data |
| 4 | 4 United Kingdom | 20,600 | 2023 | +3.53% | +2.14% | View data |
| 5 | 5 Norway | 17,540 | 2023 | +6.83% | +1.43% | View data |
| 6 | 6 Italy | 12,490 | 2023 | +9.08% | +1.12% | View data |
| 7 | 7 Netherlands | 10,240 | 2023 | +1.42% | +0.56% | View data |
| 8 | 8 Belgium | 2,990 | 2023 | +3.85% | -1.12% | View data |
| 9 | 9 Sweden | 2,920 | 2023 | +1.06% | +2.17% | View data |
| 10 | 10 Spain | 2,710 | 2023 | +8.38% | +4.11% | View data |
