The volume of goods transported by railway in Finland stood at 33.85 million metric tons in 2023. Historical data reflects fluctuating trends: for instance, from 2013 to 2017 there was a general upward trend, culminating in a peak in 2021 at 40.18 million metric tons. However, significant declines occurred in 2022, with a marked year-on-year variation of -22.28%, but 2023 saw a positive rebound of 8.38%. The Compound Annual Growth Rate (CAGR) over the last five years stands at -3.01%, signifying a downward trend.
Looking ahead, forecasted data from 2024 to 2028 show a consistent decline, reaching 31.02 million metric tons by 2028. The five-year forecast CAGR is -1.39%, indicating a persistent contraction. Overall, there's a projected decrease of 6.76% over the five-year horizon.
Future trends to watch for include potential shifts in transportation policies, technological advancements in logistics, and changes in global trade dynamics which could affect rail transport demand.
