Forecast: Volume of Road Freight Transport in Denmark

The volume of road freight transport in Denmark has experienced fluctuations over the past decade. In 2023, the volume stood at 169.06 million metric tons, slightly decreasing by 0.26% compared to 2022. The last two years saw an increase of 4.98% in 2022, followed by a minor decline in 2023. Over the past five years, the compound annual growth rate (CAGR) has been positive at 0.19%, indicating a slow recovery trend post-2020's significant drop.

Looking forward, the forecasted data indicates a gradual decline, with an expected volume of 166.23 million metric tons by 2028. The forecasted CAGR over the next five years is -0.21%, suggesting a slight overall reduction. Future trends to watch for include potential impacts of regulatory changes, technological advancements in logistics, and shifts in economic activity.

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