The rail freight transport in Israel has demonstrated fluctuating growth from 2013 to 2023. By 2023, it stood at 1.28 Billion Tonne Kilometers. The last two years showed marginal increases, with 2022 and 2023 evidencing 0.59% and 0.57% year-on-year growth, respectively. Over the last five years, the CAGR was moderate at 0.68%. The future forecast anticipates a steady growth trend, with a forecasted 5-year CAGR of 0.4%, translating to a cumulative 2.03% increase by 2028.
Future trends to watch for:
- Technological advancements in rail infrastructure
- Government policies promoting sustainable transport
- Growth in international trade impacting rail freight demand
