The volume of road traffic in the UK, measured in million units (vehicle-km) per motor vehicle, stood at 14.54 in 2023. From 2013 to 2022, there has been moderate fluctuation, with notable increases in 2015 and 2018. The Compound Annual Growth Rate (CAGR) fluctuated slightly year-on-year. However, from 2019 onwards, the volume has stabilized at approximately 14.53, showing marginal growth each year. The forecast for the next five years (2024-2028) projects a stable trend, with the volume hovering around 14.54 million units and a negligible growth rate.
Future trends to watch for include the impact of policy changes regarding vehicle emissions, technological advancements in automotive efficiency, and shifts in public transportation and remote working trends, which may influence traffic volume dynamics.
