From 2013 to 2023, the number of dry bulk carriers in Sweden exhibited notable fluctuations, with gross tonnage standing at 9.48 million in 2023. Year-on-year peaks included a significant increase in 2017 by 69.91% and the drastic decline of 77.3% in 2021. The last two years, 2022 and 2023, saw modest growth rates of 4.26% and 2.41%, respectively. Over the last five years, the compound annual growth rate (CAGR) was -25.05%, reflecting a downward trend.
Looking ahead from 2024 to 2028, the CAGR is forecasted at 1.72%, indicating a potential stabilization with an 8.88% growth rate by 2028.
Future trends to watch for:
- Market adjustments based on international trade policies.
- Technological improvements in the shipping industry.
- Environmental regulations impacting fleet upgrades and investments.
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