Austria's Total Inland Freight Transport stood at 50.23 Billion Tonne Kilometers in 2023. Over the past two years, the year-on-year growth has been relatively stable, with a 1.04% increase in 2022 and a 1.02% increase in 2023. The five-year compound annual growth rate (CAGR) from 2018 to 2023 is -0.17%, indicating a slight decline overall.
Future trends to watch for:
- The forecast for the next five years shows a modest growth rate, with a 5-year CAGR of 0.76%.
- By 2028, the total inland freight transport is expected to reach 52.69 Billion Tonne Kilometers, representing a cumulative growth rate of 3.85% from 2023.
- Pay attention to potential shifts in logistics and supply chain dynamics, which could impact freight volumes.