Forecast: Road Freight Transport in Italy

The road freight transport sector in Italy has experienced fluctuations over the past decade. From 2013 to 2023, the volume has varied, with significant declines noted in the early years, reaching a low in 2016. Post-2016, the sector witnessed modest recovery, peaking in 2019, followed by slight decreases through 2023, where it stood at 129.88 billion tonne kilometers. Notable year-on-year changes include an increase of 10.46% in 2019 and a downward trend from 2020 through 2023. The 5-year CAGR from 2019 to 2023 was relatively modest at 0.78%, indicating a period of stabilization after previous volatility.

Looking forward, forecasted data for 2024 to 2028 suggests a slight decline at a 5-year CAGR of -0.57%, indicating a gradual reduction in volume, projecting to 125.31 billion tonne kilometers by 2028. This reflects inherent challenges and potential shifts in the sector.

Future trends to watch for include the impact of technological advancements such as autonomous vehicles, shifts towards greener transport solutions due to environmental regulations, and the potential influence of macroeconomic factors on freight demand.