Goods transported by railway in Finland experienced various fluctuations from 2013 to 2023. In recent years, we noticed a decline: after peaking at 40.72 million metric tons in 2018, it stumbled significantly in 2022 down to 31.23 million metric tons. The year-on-year variation for 2022 showed a sharp decrease of 22.28%, followed by a slight increase of 5.08% in 2023, bringing the value to 32.82 million metric tons. The compound annual growth rate (CAGR) over the past five years (2019-2023) stood at -4.22%.
A projected decrease in railway freight volume is anticipated through to 2028, with a forecasted five-year CAGR of -2.29%, resulting in a decline to 28.44 million metric tons. The overall forecasted growth rate for this period is expected to be -10.92%.
Going forward, key trends to watch for include technological advancements in railway logistics, potential changes in trade policies, and shifts towards more sustainable and cost-efficient transportation modes, which could impact the volume of goods transported by railway in Finland.
