Forecast: Production in Inland Waterway Transport Sector in the UK

The Inland Waterway Transport Sector in the UK stood at 307.1 million pounds sterling in 2023. Forecasted data show a consistent year-on-year growth: 3.38% in 2024, 3.09% in 2025, 2.94% in 2026, 2.80% in 2027, and 2.67% in 2028. This indicates a Compound Annual Growth Rate (CAGR) of approximately 2.98% over the five-year period from 2024 to 2028.

Future trends to watch for:

  • Increased efficiency in waterway logistics due to advancements in technology.
  • Potential impact of economic policies and environmental regulations on the sector.
  • Growth in inland waterway transport driven by the sustainability trend and shifts from road to water transport.
  • Infrastructure investments improving waterway networks and connectivity.

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