The volume of goods transported by railway in Norway is forecasted to increase steadily from 34.55 million metric tons in 2024 to 36.55 million metric tons in 2028. This follows an actual volume which stood in 2023 but is not specified in the current series. The year-on-year growth rates for the forecasted years range between 1.47% and 2.06%. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 1.92%.
Future trends to watch for include the impact of technological advancements in railway logistics, the potential for increased cross-border trade, and the environmental policies that could drive higher reliance on rail transport due to its lower carbon footprint compared to other modes of transport.
