The turnover of sea and coastal freight water transport in Italy saw significant fluctuations from 2013 to 2023, starting at 6.72 billion euros in 2013 and declining to 5.13 billion euros by 2023. The steepest year-on-year decline occurred between 2015 and 2016 at -15.66%, followed by another notable drop in 2020 at -11.61%. Though some recovery was seen with a 10.77% increase in 2021, the turnover has generally been on a declining trend. The average variation per year over the last five years showed a negative CAGR of -0.75%. The forecast for the next five years continues this trend with a projected CAGR of -1.3%, bringing the turnover down to 4.73 billion euros by 2028.
Future trends to watch for include:
- Potential shifts in international trade routes affecting Italy's sea and coastal freight demand.
- The impacts of economic policies and regulations on the maritime transport sector.
- The role of technological advancements in improving operational efficiency for shipping companies.
- Environmental regulations pushing for greener shipping practices and their economic implications.
