In 2023, the turnover in the inland freight waterway transport sector in Belgium stood at 213 million Euros. The forecasted data from 2024 to 2028 shows a steady and slow growth in the sector. The yearly turnover values are projected to grow incrementally, starting at 214.1 million Euros in 2024 and reaching up to 219.5 million Euros by 2028. This indicates a consistent upward trend, displaying moderate growth each year.
Year-on-Year Variations:
- From 2024 to 2025, a slight increase of approximately 0.61%
- From 2025 to 2026, another small rise of around 0.65%
- From 2026 to 2027, a similar increase of about 0.60%
- From 2027 to 2028, the sector anticipates a rise of about 0.64%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated to be around 0.64%, indicating a gradual but consistent growth in turnover annually.
Future trends to watch for include technological advancements in waterway transport, increased investments in infrastructure, and potential policy changes that could impact the sector. Additionally, there might be fluctuations due to economic factors or shifts in trade patterns which could affect the demand for inland freight transport.
