The number of liquid bulk tankers in Spain has shown variability over the last decade. From 17.69 thousand in 2013, there has been a general declining trend with notable years of recovery and slight increments. By 2023, this number stood at 13.6 thousand. This reflects a compound annual growth rate (CAGR) of 0.35% over the past five years. Over the last two years, the numbers have experienced slight declines with year-on-year variations of -0.85% in 2022 and -0.8% in 2023.
Looking forward, forecasts suggest a continued but gradual decline in the number of liquid bulk tankers, with an average annual decrease projected at -0.61% over the next five years. Critical factors influencing future trends could include technological advancements, regulatory changes, and shifts in demand for liquid bulk transportation.