The number of Liquid Bulk Tankers in Italy has shown fluctuations over the last decade. In 2023, the value stood at 12.69k, marking a marginal increase of 2.07% year-on-year. Over the previous two years, the variation demonstrated a significant rise in 2022 by 20.59%, followed by a modest growth in 2023. The Compound Annual Growth Rate (CAGR) over the last five years remained slightly positive at 1.43%, indicating a steady trend with periods of decline and recovery.
Future trends to watch for include:
- The forecasted slight decrease in growth rate with a CAGR of -0.14% over the next five years.
- Potential external factors such as economic conditions, regulations, and advancements in shipping technologies impacting the market.
- Fluctuations in global demand for liquid bulk transportation which could affect the number and utilization of tankers.
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