 IHS Markit forecasts dry bulk rates to remain stable in the coming years with limited supply and stable growth in trademore bullish in the near term and bearish for medium term. Dry bulk demand growth is expected to decrease to 0.2 in 2022 and settle at 1.7 in 2023, compared with 2.2 in 2021, while dry bulk fleet growth will slow to 2.8 in 2022, 2.2 in 2023, and 2.4 in 2024, compared with 3.4 in 2021. 