Hungary Rail Industry Outlook 2024 - 2028

See how Hungary Rail performed compared to key markets.

Key Market Indicators

Hungary's investment in rail infrastructure is projected to climb to approximately €1 billion by 2028, up from around €825 million in 2023. This represents an average annual growth rate of 3.4%. Since the turn of the millennium, demand for Hungarian rail infrastructure has seen a modest yearly increase of 0.6%. Conversely, the length of Hungary's rail network is expected to shrink slightly, reaching 7,720 route-kilometers by 2028, down from 7,750 route-kilometers in 2023. This decline corresponds to a compound annual growth rate (CAGR) of 0.1%. From 2000 onwards, the supply of rail length in Hungary has grown at an annual rate of 0.4%. In 2023, Hungary ranked 23rd globally in terms of rail length, with Turkmenistan just ahead at 7,750 route-kilometers. Dominating the rankings were China, Russia, and India, occupying the second, third, and fourth positions, respectively.

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Hungary Rail Market Data and Forecasts

How much will Hungary Rail Market grow to 2028?

Forecast: Rail Infrastructure Investment in Hungary
Forecast: Rail Infrastructure Investment in Hungary
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