The data suggests a slight decrease in the number of enterprises in the UK involved in sea and coastal freight water transport from 2024 to 2028. Starting at 564 enterprises in 2024, the count steadily declines to 544 by 2028. This represents a decreasing trend with year-on-year changes averaging around 1% to 2%. Given that 2023 had an actual figure of 564 enterprises, the consistent decline highlights a gradual reduction in the industry size over these years. The compound annual growth rate (CAGR) over this five-year interval further confirms the decrease in the sector, marking a need for strategic pivoting.
Future trends to watch include potential shifts in international trade policies, green maritime innovations, and economic conditions affecting freight demand. These factors could significantly impact enterprise sustainability and market resiliency in the UK maritime sector.
