Luxembourg Freight Industry Outlook 2024 - 2028

See how Luxembourg Freight performed compared to key markets such as Italy, France and Poland.

Key Market Indicators

Luxembourg's freight revenue is projected to reach approximately €983 million by 2028, up from €942 million in 2023. This represents an average annual growth rate of 0.7%. The market has seen a modest increase of 0.2% per year since 2013. In the 2023 rankings, Luxembourg was positioned at number 28, with Estonia surpassing it with revenues of €942 million. Leading the pack were France, Poland, and Germany, occupying the second, third, and fourth spots, respectively. Meanwhile, Luxembourg's freight volume is expected to hit around 7,560 million tonne kilometers by 2028, down slightly from 7,650 million tonne kilometers in 2023. This indicates a small annual decline of 0.1%. However, since 1975, the supply has grown by 0.7% annually. For 2023, Luxembourg ranked 27th in freight volume, with Ireland moving ahead at 7,650 million tonne kilometers. Kazakhstan, Germany, and Poland took the second, third, and fourth positions in this category.

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Luxembourg Freight Market Data and Forecasts