Forecast: Number of Container Ships in Belgium

The number of container ships in Belgium expressed in Value stood at 284.92 million gross tonnage in 2023. Over the last two years, from 2021 to 2023, there was a recovery from the slight dip observed in 2021, with the value increasing year-on-year by 2.81% in 2022 and 2.68% in 2023. The compounded annual growth rate (CAGR) over the last five years (2019-2023) was 1.2%, showcasing a moderate upward trend.

Future trends to watch for:

  • The forecasted CAGR for the next five years (2024-2028) is projected to be 1.89%, indicating a steady growth trend.
  • The total forecasted growth rate over the same period is expected to be 9.83%, suggesting an optimistic outlook for the volume of container ships in Belgium.
  • Developments in global trade, environmental regulations, and advances in shipping technology will be key factors influencing these trends.

Top Countries about Naval Ship