Rail freight demand is expected to have a slower demand growth than overall freight transport between both 2015 to 2030 and 2015 to 2050. The compound growth rate for these two time periods is expected to be around 2.7 percent for rail freight. The compound growth rate is anticipated to dip to about 2.5 percent between 2015 and 2050, indicating that rail freight could lose popularity in the next decades.
Projected rail freight transport demand compound growth rates between 2015, 2030, and 2050
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Statistics
OECD. (May 22, 2019). Projected rail freight transport demand compound growth rates between 2015, 2030, and 2050 [Graph]. In Statista. Retrieved April 25, 2024, from https://www.statista.com/statistics/1229832/projected-rail-freight-compound-growth-rates/
OECD. "Projected rail freight transport demand compound growth rates between 2015, 2030, and 2050." Chart. May 22, 2019. Statista. Accessed April 25, 2024. https://www.statista.com/statistics/1229832/projected-rail-freight-compound-growth-rates/
OECD. (2019). Projected rail freight transport demand compound growth rates between 2015, 2030, and 2050. Statista. Statista Inc.. Accessed: April 25, 2024. https://www.statista.com/statistics/1229832/projected-rail-freight-compound-growth-rates/
OECD. "Projected Rail Freight Transport Demand Compound Growth Rates between 2015, 2030, and 2050." Statista, Statista Inc., 22 May 2019, https://www.statista.com/statistics/1229832/projected-rail-freight-compound-growth-rates/
OECD, Projected rail freight transport demand compound growth rates between 2015, 2030, and 2050 Statista, https://www.statista.com/statistics/1229832/projected-rail-freight-compound-growth-rates/ (last visited April 25, 2024)
Projected rail freight transport demand compound growth rates between 2015, 2030, and 2050 [Graph], OECD, May 22, 2019. [Online]. Available: https://www.statista.com/statistics/1229832/projected-rail-freight-compound-growth-rates/