The international rail freight volume transiting by rail throughput in Turkey for 2023 stood at 19.0 Million Tonne Kilometers. Over the past two years, the year-on-year variation showed fluctuations: a 5.26% increment in 2022 and a stable figure in 2023. From 2018 to 2023, the Compound Annual Growth Rate (CAGR) was -2.89%, indicating a modest overall decline. The forecast for the next five years predicts a steady but marginal increase with a CAGR of 0.46% and an overall growth of 2.3% by 2028.
Future trends to watch for:
- Technological advancements in rail infrastructure.
- Potential impact of geopolitical changes on trade routes.
- Sustainability initiatives influencing logistics and transport sectors.