The share of inland waterway freight transport in Belgium is forecasted to slightly increase from 11.4% in 2024 to 11.5% in the following years up to 2028. As of 2023, this share stood at 11.3%. The year-on-year variation from 2023 to 2024 is 0.9%, while the variation over the last two years has remained steady at 1.8%. The Compound Annual Growth Rate (CAGR) over the last five years shows a modest average annual growth of 1.1%.
Future trends to watch for include:
— Implementation of sustainability initiatives aimed at reducing carbon emissions in logistics.
— Technological advancements in transportation infrastructure and vessel efficiency.
— Fluctuations in economic activity influencing freight demand and overall market conditions.
