In 2023, Germany led the EU freight rail transport industry with a market value of 7.74 billion euros, significantly outpacing Austria and Poland with values standing at 1.93 and 1.71 billion euros, respectively. The UK followed with 1.05 billion euros, as the Czech Republic, Sweden, and Romania trailed closely. The industry exhibited modest growth, with most countries experiencing low single-digit percentage increases year-on-year. Over the past five years, the compound annual growth rate showed a steady trajectory, reflecting investments in infrastructure and efficiency enhancements.
Looking ahead, sustainability and digitalization are key trends likely to influence the sector. Increased focus on reducing carbon emissions and improving operational efficiency through digitization may drive growth. Furthermore, opportunities arising from EU environmental policies and cross-border connectivity initiatives could foster a more integrated and responsive freight rail network across the region.
Top countries in Top EU Countries with the Largest Freight Rail Transports Industry
| # | 10 Countries | Million Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Germany | 7,740 | 2016 | |
| 2 | 2 Austria | 1,930 | 2016 | |
| 3 | 3 Poland | 1,710 | 2016 | |
| 4 | 4 United Kingdom | 1,050 | 2016 | |
| 5 | 5 Czech Republic | 878.2 | 2016 | |
| 6 | 6 Sweden | 754.8 | 2016 | |
| 7 | 7 Romania | 733.1 | 2016 | |
| 8 | 8 Belgium | 682.3 | 2016 | |
| 9 | 9 Hungary | 423.8 | 2016 | |
| 10 | 10 Latvia | 401.2 | 2016 |
