The turnover of road freight transport and removal services in Finland has demonstrated varying growth rates over the past decade. From 2013 to 2019, the sector experienced moderate growth with occasional year-on-year fluctuations. A notable dip occurred in 2020, with a significant -6.21% decline, likely due to global disruptions such as the pandemic. The market began to stabilize in the following years, showing gradual recovery by 2023 where it stood at 6.33 billion Euros.
Looking at the future, the sector is expected to continue growing at a steady pace. Forecasts from 2024 to 2028 suggest an average annual growth rate (CAGR) of 0.81%, culminating in a total growth of 4.11% over the next five years. This indicates a resilient industry with stable long-term prospects.
Future trends to watch for include:
- Technological advancements such as automation and digitalization. - Evolving regulatory frameworks and environmental standards. - Shifts in global supply chains and trade dynamics. - Potential impacts of geopolitical events and economic cycles.
