Key Market Indicators
**Irish Freight Volume Expected to Hit 13.5 Billion Tonne-Kilometers by 2028** DUBLIN, Ireland — The volume of Irish freight is projected to reach approximately 13.5 billion tonne-kilometers by 2028, up from around 12.6 billion tonne-kilometers in 2023. This growth represents a compound annual growth rate (CAGR) of 1%. Since 1985, Irish freight supply has seen a consistent annual increase of 1.7%. **Freight Revenue to See Marginal Growth** Revenue from Irish freight is expected to rise marginally to €2.05 billion by 2028, up from €2.04 billion in 2023. This translates to an average annual growth rate of just 0.1%. Since 2019, the Irish freight market has experienced a year-on-year decline of 3.4%. **Global Rankings and Competition** In 2023, Ireland ranked 23rd globally in freight revenue. Greece surpassed Ireland, also reporting €2.04 billion in revenue. France, Poland, and Germany took the second, third, and fourth spots respectively in the global rankings for freight revenue.
