The employment in Denmark’s freight transport by road sector has shown a steady increase over the past decade, with a minor dip in 2016. From 2013 to 2023, the sector experienced an overall growth, reflecting confidence and expansion in the industry. Employment stood at 28.85 thousand FTEs in 2023, up by 1.41% from 2022. The last five years recorded an average annual growth rate (CAGR) of 0.72%.
Key variations in percentage:- 2013: -3.45%- 2014: 2.99%- 2015: 7.02%- 2016: -0.31%- 2017: 4.37%- 2018: 3.29%- 2019: -1.36%- 2020: 1.20%- 2021: 0.92%- 2022: 1.45%- 2023: 1.41%
The forecasted data from 2024 to 2028 suggest a continued upward trend, with the sector anticipated to grow by approximately 5.31% cumulatively over this period, at an average annual rate (forecasted CAGR) of 1.04%.
Future trends to watch for include potential technological advancements in logistics, regulatory changes, and shifts in demand patterns, which could significantly influence employment dynamics in this sector.
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