From 2013 to 2019, the volume of international rail freight transport in Denmark showed small fluctuations, peaking at 2.49 billion tonne kilometers in 2017 before declining marginally in the following years. However, in 2020 and 2021, the volume saw significant decreases of 4.22% and 17.19% year-on-year, respectively, reflecting substantial declines. In 2023, the volume of international rail freight transport in Denmark stood at 2.15 billion tonne kilometers, experiencing a modest recovery with a 1.71% increase over the previous year and an average CAGR of -2.42% over the last five years.
On the forecast from 2024 to 2028, the volume of international rail freight transport is expected to grow steadily, increasing from 2.18 billion tonne kilometers in 2024 to 2.32 billion tonne kilometers in 2028. The forecasted 5-year CAGR is 1.25%, with a total growth rate of 6.41% projected for this period.
Future trends to watch for include:
- Technological advancements and digitization in the rail freight industry.
- Increased emphasis on sustainability and green logistics solutions.
- Potential impacts of geopolitical changes on trade routes and volumes.
- Shifts in consumer demand and production locations affecting freight transport volumes.
