Forecast: Volume of Inland Waterway Freight Transport in Belgium

The volume of inland waterway freight transport in Belgium was 11.95 billion tonne kilometers in 2023. Forecast data anticipates continued steady growth from 12.07 billion tonne kilometers in 2024, reaching up to 12.64 billion tonne kilometers by 2028. Year-on-year growth is projected at approximately 1.2% for 2024, 1.24% for 2025, 1.15% for 2026, 1.13% for 2027, and 1.12% for 2028. The compound annual growth rate (CAGR) over the five-year period is expected to be around 1.17% per annum.

Future trends to watch for include the impact of technological advancements on logistics efficiency, sustainability initiatives impacting transportation policies, and shifts in global trade dynamics. Monitoring these factors will be crucial to understanding potential deviations in the forecasted growth trajectory.

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