Key Market Indicators
**Spanish Freight Volume and Revenue Projected to Rise by 2028** **Madrid** - Spanish freight volume is projected to grow to approximately 280 billion tonne-kilometers by 2028, up from around 267 billion tonne-kilometers in 2023. This represents an average annual growth rate of 0.7%. Historical data reveals that since 1975, Spain’s supply has been increasing at an average rate of 0.6% per year. In the global ranking for freight volume in 2023, Spain secured the sixth position. Mexico surpassed Spain with an equal volume of 267 billion tonne-kilometers. Kazakhstan, Germany, and Poland occupied the second, third, and fourth spots, respectively. Meanwhile, Spanish freight revenue is forecasted to reach €31.5 billion by 2028, rising from €28.4 billion in 2023. This marks an average annual growth rate of 1.6%. Since 2019, the Spanish market has experienced a 3% yearly increase in revenue. In 2023, Spain ranked fifth in freight revenue, with Germany leading at €28.4 billion. France, Poland, and Germany were ranked second, third, and fourth, respectively.
