The road freight volume of basic metals and fabricated metal products in Germany is projected to decline from 14.45 billion tonne kilometers in 2024 to 12.28 billion by 2028. This forecasted trend indicates a continuous yearly decrease, with year-on-year percentages showing a consistent downtrend. As of 2023, the volume stood at 14.95 billion tonne kilometers, marking an overall downward trajectory. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is negative, underlining a sustained decrease in road freight volume.
Future trends to watch for:
- Impact of new environmental regulations on transportation.
- Advancements in logistics technology improving efficiency.
- Evolving demand for metals driven by emerging industries.