The turnover of Sea and Coastal Freight Water Transport in Denmark experienced fluctuations from 2013 to 2023, culminating at 31.71 billion euros in 2023. Year-on-year variations highlight notable changes, particularly the decline in 2016 by 5.09%, followed by an 18.86% surge in 2017. Post-2017, there was consistent growth with minor dips; for example, a 1.86% decrease in 2020. The recent two-year period (2022-2023) observed stable growth rates of approximately 2.3% per year. The CAGR over the past five years (2018-2023) averaged at 2.67%, reflecting a moderate growth trajectory.
Looking forward, forecasted data suggests a continued gradual increase, reaching approximately 35.05 billion euros by 2028, with a projected 5-year CAGR of 1.59% and an overall 8.22% growth rate. Future trends to watch for include technological advancements in shipping logistics, green shipping initiatives, and the impact of global trade agreements on sea freight transport dynamics.
