The production value of sea and coastal passenger water transport in Denmark has been showing a positive growth trend, with an increase from 2.75 billion euros forecasted for 2024 to 3.18 billion euros by 2028. This marks a steady year-on-year growth of approximately 4% each year from 2024 to 2028.
Notably, the sector stood at 2.64 billion euros in 2023, indicating a continuation of upward growth patterns as it transitions into the forecast period. The compounded annual growth rate (CAGR) over this five-year horizon from 2024 to 2028 is around 3.7%, reflecting a stable and consistent increase in production value.
Future trends to watch for include:
- Impact of environmental policies on maritime transport
- Technological advancements in vessel efficiency and sustainability
- Changes in tourism patterns influencing passenger numbers
- Investment in infrastructure and port facilities
