In 2023, the Netherlands led European countries in the gross weight of goods transported by deep sea shipping, accounting for a significant share. It experienced a modest year-on-year growth of 1.27%. Spain and Belgium followed, both showing moderate growth at 0.52% and 0.7% respectively. The United Kingdom also saw growth, whereas Germany and France experienced slight declines at -0.69% and -0.37%. Notably, Norway and Malta showed substantial increases of 18.99% and 18.45%, indicating strong growth potential.
Future trends to watch for include:
- Potential for further growth in the Netherlands, leveraging its extensive port infrastructure.
- Continued expansion in smaller markets like Norway and Malta due to strategic investments and logistic enhancements.
- Monitoring of Germany and France for potential recovery as trade dynamics evolve post-2023.
- Importance of technological advancements and environmental regulations impacting sea shipping dynamics in Europe.
Top countries in Gross Weight of Goods Transported by Deep Sea Shipping Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 23.18 | 2023 | +4.49% | +1.27% | View data |
| 2 | 2 Spain | 15.56 | 2023 | +0.4% | +0.52% | View data |
| 3 | 3 Belgium | 10.35 | 2023 | +1.1% | +0.7% | View data |
| 4 | 4 United Kingdom | 9.23 | 2023 | -0.077% | +0.8% | View data |
| 5 | 5 Germany | 8.38 | 2023 | -1.1% | -0.69% | View data |
| 6 | 6 France | 7.79 | 2023 | +1.87% | -0.37% | View data |
| 7 | 7 Italy | 6.34 | 2023 | +1.42% | -0.32% | View data |
| 8 | 8 Norway | 3.56 | 2023 | +15.1% | +18.99% | View data |
| 9 | 9 Greece | 2.92 | 2023 | +3.07% | +0.69% | View data |
| 10 | 10 Portugal | 2.6 | 2023 | +2.72% | -0.2% | View data |
