The UK's road freight volume for metal ores, peat, uranium, thorium, and other mining and quarrying products is projected to decline from 122.63 million metric tons in 2024 to 88.42 million metric tons by 2028. Compared to 2023, where the volume stood at 130 million metric tons, this forecast indicates a year-on-year decrease. The projected average compound annual growth rate (CAGR) over these five years reflects a downturn in the industry.
Future trends to watch for include the impact of sustainability initiatives driving shifts to greener transport methods, and how technological advancements and geopolitical factors may influence mining output and logistics efficiency in the sector.
