At the outset of 2024, the number of non-specialized general cargo ships in Germany stands at 730.86 Million Gross Tonnage. This figure is forecasted to steadily increase each year, reaching 747.7 Million Gross Tonnage by 2028. To provide context, 2023 data indicated an actual figure of 725.4 Million Gross Tonnage.
Analyzing year-on-year variation:
- 2024 to 2025: 0.59% increase
- 2025 to 2026: 0.58% increase
- 2026 to 2027: 0.56% increase
- 2027 to 2028: 0.56% increase
The Compounded Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is projected to average 0.56% annually.
Future trends to watch for include shifts in global trade dynamics, advancements in shipping technology, and regulatory changes aimed at environmental sustainability, all of which could impact the volume and capacity of general cargo ships operating in Germany.
