Forecast: Coastal Shipping Freight in Sweden

The coastal shipping freight in Sweden stood at 7.93 Billion Tonne Kilometers in 2023. The sector exhibited overall positive growth from 2013 to 2023. Notable increases were observed in 2015 (8.37%) and 2018 (6.02%), while minor declines occurred intermittently, such as in 2016 (-3.03%) and 2020 (-0.6%). Positive trends were consistent since 2021 with year-on-year growth between 0.86% and 1.14%. The Compounded Annual Growth Rate (CAGR) for the last five years stands at 0.94%, indicating steady progression.

Forecasts suggest a continued positive trend through 2028, with a projected average CAGR of 0.73% and an estimated total growth of 3.72% over the next five years. An increasing focus on sustainability and innovations in maritime logistics are key trends to observe moving forward.