Analyzing the global volume of rail freight transport by country in 2024 reveals that China and Russia dominate with substantial trillion tonne kilometers (3.1736 and 2.509 respectively). Australia's volume stands at 0.46673, followed by Canada at 0.41348. Germany, Poland, and France show relatively lower values. Other countries like Uzbekistan, Sweden, Japan, and more have minor contributions, decreasing progressively down to Albania.
Over the past year, China witnessed a 1.95% increase while Australia showed a 1.13% rise in rail freight transport volume. On the contrary, Canada experienced a 1.48% reduction. Notably, Azerbaijan and Bulgaria saw significant growth, 13.79% and 7.82% respectively, while Estonia experienced a drastic downturn with a 16% decrease. The average compound annual growth rates (CAGR) over the past five years indicate diverse trends globally, signaling shifting demands and transport dynamics.
Future trends to watch:
- Continued growth in China's rail freight volume influenced by expansion in infrastructure and economic activity.
- Potential recovery in declining regions like Canada and Japan depending on policy shifts and investments in rail infrastructure.
- Increased emphasis on sustainability may drive growth in European countries that have shown varied performance recently.
Top countries in Volume of Rail Freight Transport by Country
# | 10 Countries | Million Tonne Kilometers | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 3,173,600 | 2023 | +1.59% | +1.95% | View data |
2 | 2 Russian Federation | 2,509,000 | 2023 | |||
3 | 3 Australia | 466,730 | 2023 | +1.39% | +1.13% | View data |
4 | 4 Canada | 413,480 | 2023 | +1.77% | -1.48% | View data |
5 | 5 Germany | 132,550 | 2023 | +1.19% | +0.39% | View data |
6 | 6 Poland | 60,270 | 2023 | +1.63% | +0.3% | View data |
7 | 7 France | 34,880 | 2023 | -1.15% | +0.6% | View data |
8 | 8 Uzbekistan | 24,110 | 2023 | +0.66% | +1% | View data |
9 | 9 Sweden | 23,270 | 2023 | +0.48% | +0.42% | View data |
10 | 10 Austria | 22,270 | 2023 | +0.48% | +0.25% | View data |