Key Market Indicators
Sales of German maritime transport are expected to reach €36.5 billion by 2026, up from €32.1 billion in 2021. Since 2010, the German market has grown at an annual rate of 1.6%. Denmark, France, and the UK ranked second, third, and fourth, respectively. German maritime vessel fleets are estimated to drop to 106,310 units by 2026 from 106,430 units in 2021, with a year-on-year CAGR of 0.2%. Since 2002, the German supply has decreased by 1.3% annually. In 2021, Spain overtook Germany and ranked first, with Italy, Denmark, and Croatia coming in second, third, and fourth, respectively.