The total railway passenger traffic in Denmark exhibited fluctuating trends over the years. Starting with a growth phase from 2013 to 2015, the traffic peaked in 2015 with a value of 212.25 million persons. This was followed by a slight decline and stabilization around 206-207 million persons until 2019. The year 2020 saw a significant drop by 35.19%, likely due to the COVID-19 pandemic. The traffic slightly increased in 2021 and surged dramatically in 2022 to 301.57 million persons. However, it declined by 26.08% in 2023, standing at 222.92 million persons.
Future trends indicate a moderate positive growth with a forecasted CAGR of 1.1% over the next five years, expecting the passenger traffic to reach 238.84 million persons by 2028. The overall five-year growth rate forecast is 5.6%.
Future trends to watch for:
- The impact of technological advancements in railway services.
- Potential economic fluctuations influencing travel behavior.
- Sustainability initiatives boosting railway usage over cars and planes.
