Based on 2024 data, Spain leads the European dry bulk carriers market with 141.79 million gross tonnage, followed by the Netherlands with 86.96 million gross tonnage. France, Norway, and Italy also have significant shares. Significant YoY variations include notable increases for Malta (28.33%), Romania (5.38%), and Lithuania (5.4%), contrasted by declines in Sweden (-25.05%), Cyprus (-11.13%), and Croatia (-5.03%). Observing five-year trends reveals moderate growth, with certain countries like Spain and Latvia showing steady increases, while traditional maritime nations like the UK and Italy witness declines.
Future trends to watch include:
- Enhanced regulation and environmental mandates impacting fleet upgrades and market share.
- Technological advancements in shipbuilding may influence country-specific investments.
- Economic shifts and trade policies affecting demand for dry bulk shipping services.
- Potential consolidation within the industry, leading to shifts in country rankings.
Top countries in Number of Dry Bulk Carriers by Country
| # | 10 Countries | Thousand Gross Tonnage | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 141,790 | 2023 | +0.68% | +0.14% | View data |
| 2 | 2 Netherlands | 86,960 | 2023 | +2.65% | +0.65% | View data |
| 3 | 3 France | 53,950 | 2023 | +10.1% | +1.49% | View data |
| 4 | 4 Norway | 52,790 | 2023 | +6.25% | +3.04% | View data |
| 5 | 5 Italy | 49,740 | 2023 | -0.094% | -3% | View data |
| 6 | 6 Germany | 40,570 | 2023 | -0.054% | +0.9% | View data |
| 7 | 7 United Kingdom | 37,460 | 2023 | -3.44% | -3.65% | View data |
| 8 | 8 Latvia | 33,120 | 2023 | +16.38% | +2.1% | View data |
| 9 | 9 Romania | 30,360 | 2023 | +3.63% | +5.38% | View data |
| 10 | 10 Poland | 20,350 | 2023 | +1.05% | -0.58% | View data |
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