In 2023, the road freight volume for coke and refined petroleum products in the UK stood at a notable level, marking the baseline for subsequent forecasts. From 2024 to 2028, the data indicates a consistent year-on-year decrease in volume, with each year witnessing a noteworthy percentage decline in road freight volume growth. The Compound Annual Growth Rate (CAGR) over the forecasted period highlights an average yearly downtrend, emphasizing a sustained contraction in the sectors.

Future trends to watch for include:

Industrial shifts towards decarbonization and renewable energy sources affecting demand for petroleum-based products.
Potential regulatory changes impacting freight transport efficiency and environmental sustainability.
Technological advancements in transportation logistics and efficiency potentially mitigating some downward trends.