The inland waterway transport sector in Denmark has experienced significant declines in production value over the past decade. From 2013 to 2023, the sector saw a decline from 529.5 million Danish Krones to 137.5 million Danish Krones. Particularly steep drops occurred between 2016 and 2017 (-55.34%) and between 2021 and 2022 (-14.69%). The year-on-year variation for 2023 was -15.44%. Notably, the CAGR over the last five years stands at -10.82%, indicating a substantial average yearly decline.
Looking ahead, the forecast indicates a continued downward trend. The production value is expected to further decline to 46.2 million Danish Krones by 2028, with a forecasted five-year CAGR of -16.67% and an overall forecasted growth rate of -59.83%. This signifies persistent declines in production value at a substantial rate.
Future Trends to Watch:
- Technological innovations and automation in inland waterway logistics
- Environmental regulations impacting operational costs
- Potential shifts towards alternative transport modes and their market penetration
- Policy-driven incentives or restrictions affecting the sector
