Analysis of international sea passenger transport expenditure in India indicates fluctuations from 2013 through 2023, marked by initial declines, notable spikes in 2020, and moderate growth thereafter. Specifically, expenditure stood at 2.27 in 2023. Year-on-year variation illustrates a peak in 2020 with an 84.11% rise, followed by subsequent adjustments, while the compound annual growth rate (CAGR) over the last five years is 8.78%. Forecasted data suggests a marginal annual growth rate, with a projected 0.43% CAGR over the next five years.

Future trends to watch for:

Potential impact of post-pandemic travel behavior changes on sea passenger transport.
Influence of economic factors such as disposable income and fuel prices on discretionary travel expenditures.
Development of infrastructure and cruise tourism initiatives by the Indian government.