The national road freight volume of corrosives in the UK stood at 360.00 thousand units in 2023. Starting from 2024, the forecast indicates a steady yearly increase, culminating in 377.51 thousand units by 2028. The year-on-year growth rates are modest, ranging between 0.98% and 1.12%, with an overall compound annual growth rate (CAGR) of approximately 1.0% over the forecast period.
Future trends to watch for include:
- Potential regulatory changes impacting the transportation of hazardous materials.
- Technological advancements in shipping and handling corrosives, improving efficiency.
- Fluctuations in industrial demand driven by economic conditions, influencing freight volume.