Key Market Indicators
Norwegian freight volume is projected to climb to approximately 46,800 million tonne kilometers by 2028, up from around 39,200 million tonne kilometers in 2023. This represents an annual growth rate of 2.8%. Since 1975, the country's supply has increased by 6.6% year on year. Revenue in the Norwegian freight sector is expected to reach about €6,100 million by 2028, rising from €5,900 million in 2023. This marks an average annual growth rate of 0.6%. Since 2013, the market has seen a modest yearly increase of 0.5%. In 2023, Norway ranked 17th in freight revenue, with Portugal slightly ahead at €5,850 million. Leading the rankings were France, Poland, and Germany in second, third, and fourth places, respectively.
