Denmark's rail freight transport has exhibited moderate fluctuations from 2013 to 2023, ranging from 2.23 to 2.76 billion tonne-kilometers, and standing at 2.79 billion tonne-kilometers in 2023. Notably, the year-on-year variation reached a low at -15.91% in 2020, reflecting a significant drop likely due to global economic disruptions, followed by a strong recovery in 2021 at 15.86%. The 2023 value saw a slight increase of 1.2% year-on-year. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged 1.48%, indicating a modest upward trend.
From 2024 onwards, forecast data suggests a continuing gradual increase in rail freight volume, with expectations to reach 2.95 billion tonne-kilometers by 2028. The forecasted 5-year CAGR is estimated at 0.94%, translating into a 4.8% growth rate over the period. This suggests stable, albeit modest, growth in rail freight transport in Denmark.
Future trends to watch for include potential impacts of environmental policies favoring sustainable transport modes, advancements in rail infrastructure, and shifts in global trade dynamics. Enhanced efficiency and capacity in rail freight could also play a pivotal role in influencing growth trajectories.
