The 2024 analysis of European dry cargo barges reveals significant variations in million gross tonnage across countries. Finland leads with 22.41, showing strong year-on-year growth at 31.09%. Notable increases also occurred in Portugal (33.03%), and Cyprus (62.98%), suggesting expanding capabilities. Conversely, Denmark (-10.25%), Slovenia (-7.11%), and Germany (-6.2%) experienced declines, indicating potential shrinking markets or operational drawbacks. France exhibits moderate growth at 11.18%. Over a five-year CAGR perspective, these trends hint at shifting market dynamics, with Baltic nations like Latvia (6.79%) showing promise.
Future trends to monitor include the expansion in Nordic and Baltic regions, driven by increasing cargo demands and infrastructure investments. Maintaining competitive sustainability standards will also likely impact fleet modernization and capacity changes across varying country performances.
Top countries in Number of Dry Cargo Barges by Country
| # | 10 Countries | Thousand Gross Tonnage | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 22,410 | 2023 | +44.17% | +31.09% | View data |
| 2 | 2 Greece | 3,380 | 2023 | +6.36% | -5.13% | View data |
| 3 | 3 Norway | 1,720 | 2023 | +23.08% | +5% | View data |
| 4 | 4 Denmark | 1,350 | 2023 | -2.46% | -10.25% | View data |
| 5 | 5 Sweden | 933 | 2023 | +5.3% | +0.9% | View data |
| 6 | 6 Latvia | 443 | 2023 | +17.2% | +6.79% | View data |
| 7 | 7 Poland | 196 | 2023 | -7.11% | -2.64% | View data |
| 8 | 8 Slovenia | 175 | 2023 | +22.38% | -7.11% | View data |
| 9 | 9 France | 107 | 2023 | +3.88% | +11.18% | View data |
| 10 | 10 Germany | 82 | 2023 | -15.28% | -6.2% | View data |
