Key Market Indicators
Portuguese rail infrastructure expenditure is projected to reach €404 million by 2028, up from €335 million in 2023. This marks an average annual growth rate of 3%. Since 2000, the country's demand for rail infrastructure has surged by 20.5% each year. On the other hand, the length of Portuguese rail routes is expected to decrease slightly. By 2028, the rail length is forecasted to be 2,450 route-kilometers, down from 2,500 route-kilometers in 2023. This represents a 0.4% average annual decline. Historically, since 2000, the rail supply in Portugal has fallen by 0.3% each year. In 2023, Portugal ranked 40th globally in terms of rail length, with Croatia slightly ahead at 2,500 route-kilometers. The top spots in the ranking were occupied by China, Russia, and India. Separately, Portuguese rail infrastructure expenditure is set to decline to €148 million by 2028 from €168 million in 2023, averaging a 1.9% fall per year. Despite this, since 2000, the demand for rail infrastructure in Portugal has increased by 4.9% annually.
