Forecast: Rail Freight Transport in Turkey

The rail freight transport in Turkey showed remarkable growth from 2013 to 2023, increasing from 11.18 billion tonne kilometers in 2013 to 15.99 billion tonne kilometers in 2023; this represents a cumulative growth. Key trends observed over the years included significant fluctuations such as a 7.29% increase in 2014, a 12.66% drop in 2015, and a steady rise, peaking at 15.77 billion tonne kilometers in 2022. The year-on-year variations from 2021 to 2023 were modest, averaging around 1.40%. The Compound Annual Growth Rate (CAGR) over the last five years was approximately 2%, indicating a stable upward trend.

Future trends to watch for:

• The forecasted data from 2024 to 2028 suggests continuous but slower growth with an anticipated 5-year CAGR of 1.03%.
• Key factors that may influence future rail freight transport include infrastructure improvements, policy changes, and economic conditions.