Forecast: Production in Service Activities Incidental to Water Transportation Sector in Germany

Between 2013 and 2023, the Production in Service Activities Incidental to Water Transportation sector in Germany experienced fluctuations with periods of both decline and growth. In 2023, production stood at 3.42 billion euros. Over this decade, key variations included a notable dip in 2014 and significant growth in 2019. The compound annual growth rate (CAGR) over the last five years was observed at 3.4%, suggesting a consistent upward trend in recent times.

Looking ahead, the forecasted data from 2024 to 2028 shows a moderate but steady growth with a forecasted CAGR of 0.79%. Future trends to monitor include the impact of digitalization on supply chain efficiencies, sustainability efforts in maritime logistics, and potential regulatory changes influencing the sector.