In 2023, Germany led in the European water transport market with the highest turnover, followed by Denmark and France. Notable year-on-year growth was observed in Poland and Spain, demonstrating significant upward trends. While Finland and Bulgaria experienced substantial declines, indicating potential market challenges. Stability is seen in countries like Germany and the Netherlands with moderate variations. Over the last five years, the sector showed modest, yet varied growth rates across countries, highlighting diverse market dynamics.
Future trends to watch in the European water transport sector include:
- Expansion in Eastern European markets due to higher recent growth rates.
- Technological advancements improving efficiency and sustainability.
- The impact of regulatory changes and environmental policies on growth forecasts.
- Potential shifts in market share due to emerging economies investing in maritime infrastructure.
Top countries in Turnover of Water Transport Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.68 | 2023 | +6.49% | +0.53% | View data |
| 2 | 2 Denmark | 18.18 | 2023 | +1.96% | +0.78% | View data |
| 3 | 3 France | 14.34 | 2023 | +3.07% | +3.55% | View data |
| 4 | 4 United Kingdom | 11.97 | 2023 | +3.53% | +2.14% | View data |
| 5 | 5 Norway | 10.19 | 2023 | +6.83% | +1.43% | View data |
| 6 | 6 Italy | 7.26 | 2023 | +9.08% | +1.12% | View data |
| 7 | 7 Netherlands | 5.95 | 2023 | +1.42% | +0.56% | View data |
| 8 | 8 Belgium | 1.74 | 2023 | +3.85% | -1.12% | View data |
| 9 | 9 Sweden | 1.7 | 2023 | +1.06% | +2.17% | View data |
| 10 | 10 Spain | 1.58 | 2023 | +8.38% | +4.11% | View data |
