The volume of goods transported by railway in Türkiye has shown varying growth trends from 2013 to 2023. The year-on-year variation was highly volatile, with significant growths and declines. Between 2013 and 2019, there were periods of substantial increases and smaller declines, leading to a cumulative increase. Notably, growth escalated after 2017 with a significant uptick in railway transportation volume.
In 2023, the volume of goods transported by railway stood at 39.44 million metric tons. The most recent five-year compound annual growth rate (CAGR) was 6.73%, highlighting robust growth leading into 2023. Year-on-year growth had seen a slight dip, decreasing to 2% in 2023, indicating stabilizing growth rates.
Future trends to watch include:
- Projected modest growth with a forecasted average CAGR of 1.49% from 2024 to 2028.
- Increasing importance of sustainability and shifts towards greener transport solutions.
- Technological advancements in logistics and rail infrastructure improvements potentially optimizing efficiency and capacity.
- Economic factors such as global trade dynamics and regional development plans influencing transport demand.
