Key Market Indicators
Russian Rail Infrastructure Expenditure is projected to climb to approximately €8.4 billion by 2028, up from around €7.3 billion in 2023. This marks an average annual growth rate of 2.3%. Since 2001, demand in Russia has surged at an annual rate of 10.8%. Meanwhile, the length of Russia's rail network is expected to reach 86,050 route-kilometers by 2028, compared to 85,760 route-kilometers in 2023. This reflects a modest year-on-year growth rate of 0.1%. Notably, since 2000, the supply has remained stagnant, showing no annual growth. In 2023, Russia ranked third globally in rail length, following China, which overtook with 85,760 route-kilometers. China, Russia, and India hold the second, third, and fourth positions, respectively, in this ranking. Additionally, Russian Rail Infrastructure Expenditure is forecasted to hit around €5.9 billion by 2028, incrementally rising from €5.9 billion in 2023. This indicates a minimal average annual growth rate of 0.1%. Since 2001, Russian demand in this sector has increased by 6.2% annually.
