The interurban passenger rail transport sector in Spain has shown notable variations over recent years. The value stood at 2.79 billion euros in 2023, marking a positive year-on-year increase of 14.87%. Despite a major decline in 2020 due to the pandemic, subsequent years demonstrated strong recovery signs, shown by a high CAGR of 1.77% over the last five years.
The forecast indicates steady growth, with the value expected to reach 2.9 billion euros by 2028. The forecasted 5-year CAGR is a moderate 0.54%, indicating a slower, yet stable growth rate.
Trends to watch for:
- Continuous recovery post-pandemic with potential spurts in investment.
- Increasing focus on sustainable transport solutions.
- Potential regulatory impacts and advancements in railway technology.
