Forecast: International Rail Freight Volume Loaded Nationally in Turkey

The international rail freight volume loaded nationally in Turkey experienced significant fluctuations over the past decade. Starting at 578.0 thousand metric tons in 2013, it climbed to 918.0 thousand metric tons by 2018. However, a notable dip occurred in 2020 with a decrease of about 44.77% from the previous year. Recovery followed in 2021 with a sharp increase, but subsequent years presented a mixed trend, with a slight decline noted in 2023 standing at 825.0 thousand metric tons.

Year-on-year variation highlights recent trends:

  • 2022: 3.89% increase
  • 2023: -1.2% decrease
The last five years' CAGR was -2.11%, indicating an overall decline.

Looking forward, the forecasted data suggests a steady decrease in volume over the next five years, with the metric expected to drop from 810.14 thousand metric tons in 2024 to 766.74 thousand metric tons by 2028. The forecasted CAGR for the next five years is -1.09%.

Future trends to watch for include potential impacts from economic shifts, trade policies, and infrastructure developments on international rail freight volumes in Turkey.

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