The international road freight volume of flammable liquids in the UK is forecasted to decrease steadily from 4.81 million vehicle-kilometers in 2024 to 4.31 million vehicle-kilometers in 2028. This represents a consistent year-on-year decline, with reductions of approximately 2.70% each year. The compound annual growth rate (CAGR) from 2024 to 2028 is negative, which indicates a downward trend. In 2023, the volume stood at 5.00 million vehicle-kilometers, highlighting a more substantial reduction compared to the forecasted values.
Future trends to watch for include:
- Technological advancements that may improve transportation efficiency.
- Regulatory changes impacting the transportation of flammable liquids.
- Market demand shifts due to economic factors or alternative transport modes.
