The forecast for the UK's road freight volume of coke and refined petroleum products indicates a decreasing trend from 2024 to 2028, starting at 18.67 million metric tons in 2024 and dropping to 15.9 million metric tons by 2028. In 2023, this volume stood at 19.4 million metric tons. Year-on-year analysis shows a consistent decline, with percentages reflecting a downward trajectory. The compound annual growth rate over the five-year period depicts an average annual decrease in volume.
For future trends, close attention should be paid to advancements in renewable energy and regulations impacting fossil fuel consumption, which could further influence road freight volume for these products.
