In 2023, the international road freight volume of flammable liquids in the UK stood at an estimated volume greater than 53.53 million tonne kilometers. Forecasts for 2024 to 2028 show a consistent decline in this volume, with percentage year-on-year decreases: approximately 7.7% in 2025, 8.1% in 2026, 8.7% in 2027, and 9.4% in 2028. The compound annual growth rate (CAGR) for this period is a significant negative trend.
Future trends to watch for include:
- Potential impacts of environmental regulations on transport efficiency and road freight choices.
- Technological advancements in transportation and their adoption rates.
- Shifts in energy consumption patterns and alternative fuels influencing freight demand and methods.