Malta: Shipping Market 2020

Shipping Market Size in Malta

The revenue of the shipping market in Malta amounted to $X in 2018, lowering by -X% against the previous year. In general, shipping consumption continues to indicate a precipitous decline. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Malta shipping consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Shipping Production in Malta

In value terms, shipping production totaled $X in 2018 estimated in export prices. Overall, shipping production continues to indicate an abrupt drop. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Malta shipping production peaked at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Shipping Exports

Exports from Malta

In 2018, the amount of ships, vessels, ferry-boats for the transport of persons exported from Malta stood at X tons, going down by -X% against the previous year. In general, shipping exports, however, continue to indicate a noticeable increase. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. In that year, shipping exports attained their peak of X tons. From 2016 to 2018, the growth of shipping exports failed to regain its momentum.

In value terms, shipping exports totaled $X in 2018. Over the period under review, shipping exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. In that year, shipping exports reached their peak of $X. From 2011 to 2018, the growth of shipping exports failed to regain its momentum.

Exports by Country

In 2018, Italy (X tons), distantly followed by France (X tons), Germany (X tons), Finland (X tons) and Australia (X tons) represented the key exporters of ships, vessels, ferry-boats for the transport of persons, together achieving X% of total exports. Poland (X tons), Norway (X tons), the Philippines (X tons), Bahamas (X tons), Japan (X tons) and Turkey (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Australia, while the other leaders experienced more modest paces of growth.

In value terms, the largest shipping markets from Malta were Italy ($X), France ($X) and Germany ($X), together accounting for X% of total exports.

France recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the shipping export price in Malta amounted to $X per ton, growing by X% against the previous year. Overall, the shipping export price, however, continues to indicate a significant descent. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. Malta export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Norway, while the other leaders experienced more modest paces of growth.

Shipping Imports

Imports into Malta

In 2018, the imports of ships, vessels, ferry-boats for the transport of persons into Malta stood at X kg, shrinking by -X% against the previous year. Over the period under review, shipping imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2010 when imports decreased by -X% y-o-y. Over the period under review, shipping imports reached their maximum at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, shipping imports totaled $X in 2018. Overall, shipping imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, shipping imports attained their maximum at $X in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The U.S. represented the main importing country with an import of around X tons, which accounted for X% of total imports. Italy (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Germany (X%) and Norway (X%). The following importers - Liberia (X tons), France (X tons), Bahamas (X tons), Switzerland (X tons) and Sweden (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to shipping imports into the U.S. stood at +X%. At the same time, Sweden (+X%), Liberia (+X%), Switzerland (+X%), Germany (+X%) and France (+X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy experienced a relatively flat trend pattern. By contrast, Norway (-X%) and Bahamas (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., Germany, Liberia, France, Sweden and Switzerland increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Norway (-X p.p.) and Bahamas (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported ships, vessels, ferry-boats for the transport of persons into Malta, comprising X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: Italy (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2018, the shipping import price in Malta amounted to $X per ton, lowering by -X% against the previous year. Overall, the shipping import price, however, continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Malta import price peaked at $X per ton in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Switzerland ($X per ton), while Liberia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform