In 2023, the rail freight volume in Norway stood at 4.34 Billion Tonne Kilometers. The forecast data from 2024 to 2028 shows a steady increase in rail freight volume from 4.39 Billion Tonne Kilometers in 2024 to 4.59 Billion Tonne Kilometers in 2028. This represents a year-on-year growth of approximately 1.14% from 2024 to 2025, 1.13% from 2025 to 2026, 1.11% from 2026 to 2027, and 1.10% from 2027 to 2028. The compound annual growth rate (CAGR) over the last five years (2023-2028) is estimated to be around 1.13%.
Future trends to watch for include:
- Technological advancements in rail freight logistics
- Government investments in rail infrastructure
- Regulatory changes and their impact on the industry
- Economic factors such as trade volumes and industrial output
- Environmental policies driving a shift from road to rail transport
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