In 2023, the share of inland waterways freight transport in China's total inland freight transport remained notably lower compared to the forecast for subsequent years. By 2024, the share is expected to reach 38.38%, with steady increases projected through 2028, when it reaches 41.22%. Year-on-year growth shows an upswing trajectory, confirming a sustained shift toward utilizing inland waterways. Between 2024 and 2028, the compounded annual growth rate (CAGR) indicates a gradual but consistent rise, averaging around 1.7% per year.
Future trends to watch include advancements in infrastructure and technology, which are likely to further boost efficiency and capacity, as well as governmental policies promoting sustainable transport modes to further increase inland waterway use. Additionally, shifts in global trade patterns may influence the volume of goods moved through China's waterways.
