Forecast: Road Freight Volume of Metal Ores, Peat, Uranium, Thorium and Other Mining and Quarrying Products in the UK

The forecast for the road freight volume of metal ores, peat, uranium, thorium, and other mining and quarrying products in the UK from 2024 to 2028 shows a declining trend. In 2023, the actual volume stood at 42.76 million metric tons. Year-on-year, the volume is expected to decrease by 12.88% in 2025, 10.86% in 2026, 11.97% in 2027, and 13.27% in 2028. The compound annual growth rate (CAGR) over the next five years exhibits a negative average annual growth of approximately 10.58%.

Future trends to watch for include:

  • Increasing emphasis on sustainable transport methods and regulations aiming to reduce carbon emissions could impact road freight volumes.
  • Technological advancements in mining and logistics may alter supply chain dynamics.
  • Global economic conditions and market demands will significantly influence the traffic of such commodities.

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