In 2023, Germany led the European railway transport market for basic metals and fabricated metal products with a significant share, although it experienced a slight decline of 0.51%. France and Italy also saw reductions of 1.04% and 4.52% respectively, signaling challenges in these markets. Poland and Spain showed positive growth, indicating potential areas of expansion. Norway’s substantial increase of 43.77% is noteworthy, suggesting a rapidly growing market. Conversely, Hungary, Lithuania, and Latvia faced significant declines, highlighting regional disparities across Europe.
Future trends to watch include the potential for growth in Scandinavian countries such as Norway, which may attract investment due to their high growth rates. Continued monitoring of Germany’s performance is crucial as it remains a market leader. Regions facing declines may need to implement strategic adjustments to mitigate downtrends in volume.
Top countries in Railway Transport Volume of Basic Metals and Fabricated Metal Products Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.57 | 2023 | +6.25% | -0.51% | View data |
| 2 | 2 France | 8.9 | 2023 | +5.78% | -1.04% | View data |
| 3 | 3 Poland | 6.97 | 2023 | -3.37% | +0.43% | View data |
| 4 | 4 Italy | 6.11 | 2023 | -1.56% | -4.52% | View data |
| 5 | 5 Austria | 5.35 | 2023 | +2.05% | -2.25% | View data |
| 6 | 6 United Kingdom | 4.58 | 2023 | -1.52% | -1.14% | View data |
| 7 | 7 Czech Republic | 4.22 | 2023 | +13.8% | -2.96% | View data |
| 8 | 8 Spain | 3.29 | 2023 | +26.69% | +1.04% | View data |
| 9 | 9 Sweden | 3.23 | 2023 | -0.46% | -1.26% | View data |
| 10 | 10 Switzerland | 2.84 | 2023 | +4.29% | +0.67% | View data |
