Forecast: Turnover in Freight Transport by Road Sector in Austria

The turnover in the road freight transport sector in Austria shows a generally increasing trend from 2013 to 2023, with some fluctuations. The year-on-year variation for 2023 is 0.89%, bringing the turnover to 10.37 Billion Euros. Over the last two years, the changes have been relatively modest, signaling stability. The last five years depict a Compound Annual Growth Rate (CAGR) of 1.66%, indicating slow but consistent growth.

From 2024 onwards, the forecasted data suggests continued growth, albeit at a slower pace, with a 5-year forecast CAGR of 0.67% and an overall growth rate of 3.39% by 2028.

Future trends to watch for:

• Technological advancements in logistics and transport management systems.
• Potential regulatory changes impacting road freight operations.
• Economic factors such as fuel prices and trade tariffs.
• Environmental policies pushing for greener logistics solutions.