The volume of road motor vehicle traffic in the UK saw a fluctuating trend from 2013 to 2023, standing at 556.33 billion vehicle-kilometers in 2023. Annual variations ranged significantly, with a noticeable dip in 2020 due to a 21.5% decrease. However, the recovery was swift with a 11.92% rise in 2021, followed by a steady increase through to 2023. The year-on-year variation in 2023 was 5.56%, with a five-year CAGR of 0.68%, indicating a moderate long-term growth trend.
Looking ahead, the forecasted data from 2024 to 2028 suggests a consistent upward trajectory, with a five-year CAGR of 0.76% and an overall growth rate of 3.88%. This reflects a positive outlook for road traffic volumes, driven by factors such as economic recovery, population growth, and potential technological advancements in vehicle efficiency and telematics.
Future trends to watch for include the impact of electric vehicle adoption, changes in urban mobility policies, and the potential influence of remote working practices on traffic patterns.
