The total road freight volume of dangerous goods in the UK is forecasted to show a decline from 5.38 billion tonne kilometers in 2024 to 4.49 billion in 2028. This trend indicates a consistent year-on-year decrease. The average annual compound growth rate (CAGR) over this period suggests a noticeable contraction in the market. As of 2023, the volume was marginally higher, underscoring the subsequent decline.
Future trends to watch for include:
- Regulatory changes affecting the transportation of dangerous goods.
- Technological advancements in logistics and safer transportation methods.
- Increasing environmental concerns and shifts towards alternative transport methods.