Turnover in the transport sector was 2023 percent higher in the first quarter of 4,4 than in the same period last year. The increase is smaller than in previous quarters. This is due to lower sales growth in several market segments. Statistics Netherlands (CBS) reports this on the basis of new figures. In the first quarter of 2023, turnover in the aviation sector was 34,4 percent higher than one year previously. Turnover rose less sharply compared to the quarters in 2022. The increase in turnover was then greater due to the corona measures in force in 2021; little was flown.
Turnover in aviation services also increased in the first quarter of 2023; by 18,1 percent compared to the same period last year. In the first quarter of 2022, turnover increased by 183,7 percent compared to the same period a year earlier.
Turnover increase in shipping is declining
In the first quarter of 2023, turnover in the maritime and short sea shipping sector was 5,1 percent higher than in the same quarter a year earlier. The turnover of the loading and unloading activities and freight forwarders submarkets fell by 2 and 12,1 percent respectively. This is because the prices of maritime and short sea transport have risen less sharply compared to previous quarters. In the first quarter of 2023, the prices of maritime and short sea transport increased by 8 percent compared to the same period last year. A year earlier this was still 42 percent.
Expectations for the transport sector
In the first quarter of 2023, almost 64 percent of entrepreneurs in the transport sector expect turnover in the second quarter of 2023 to remain the same as in the previous quarter, 29 percent expect turnover to increase. Slightly more than 7 percent expect turnover to fall. 88 percent of transport companies expect prices to remain the same in the coming quarter. 8 percent expect prices to rise and 3 percent think prices will fall.
Highest number of bankruptcies since Q2020 XNUMX
In the first quarter of 2023, 61 companies in the transport sector were declared bankrupt. This was the highest number of bankruptcies since the second quarter of 2020.
Fewer vacancies in the first quarter
In the first quarter of 2023, 18 thousand vacancies were open in the transport sector. This is the second quarter in a row in which the number of vacancies decreased. Before that, the number of vacancies rose continuously since the last quarter of 2020, it reports CBS.