Analysis of the sea and coastal freight water transport sector in Germany reveals significant fluctuations in production values from 2013 through 2023, experiencing periods of growth and decline, reaching 15.53 billion Euros in 2023. Year-on-year variations highlight sporadic changes, with notable decreases in 2014 and 2016, and notable increases in 2015 and 2021. Recent years indicate a downward trend, with a slight contraction in 2022 and 2023.
The compound annual growth rate (CAGR) for the past five years records an average annual declining rate of -1.15%, while forecasted values predict a continued decrease with a forecast 5-year CAGR of -1.46% by 2028.
Future trends to watch for in the sector include technological advancements in maritime logistics, the impact of environmental regulations, and shifts in global trade patterns which may influence the demand for freight water transport services in Germany.
