The rail line density in Argentina remained stable at 0.66 units per hundred square kilometers from 2013 through 2014, then decreased slightly to 0.64 from 2016 to 2017. A marginal increase occurred in 2018 and 2019 at 0.65. However, a significant drop occurred in 2020, reducing to 0.37, which persisted until 2023. The year-on-year variation from 2022 to 2023 showed a decrease of 0.32%. The average annual variation over the past five years was a decline of 10.84%.
From 2024 onwards, forecasts predict continued declines with rail line density expected to reach 0.19 units per hundred square kilometers by 2028, yielding a forecasted five-year CAGR of -10.39%. The overall five-year growth rate is projected to be -42.23% over this period.
Trends to watch for include potential changes in government transportation policies, investment in rail infrastructure, competition with other modes of transportation, and economic factors influencing rail usage and coverage.