Production in the freight rail transport sector in Sweden has been steadily declining from 2013 to 2023. Starting at 7.79 billion SEK in 2013, it decreased with some fluctuations, reaching 5.59 billion SEK in 2023, marking a consistent decline over the past decade. Year-on-year variations ranged from positive growth in certain years, notably 2014 and 2016, to significant declines in others, such as 2015 and 2018. The compound annual growth rate (CAGR) over the last five years indicates an average annual decline of 2.39%.
Looking ahead, the forecast suggests a continued downward trend, with production projected to decline by an average of 2.39% per year through 2028, culminating in a total decrease of 11.41%. This indicates a persistent reduction in production values in the sector.
Future trends to watch for:
- Technological advancements in freight rail systems.
- Shifts in demand for rail transport versus other modes of transport.
- Potential regulatory changes affecting rail transport.
- Environmental policies influencing the logistics sector.
- Impact of global economic conditions on freight demand.