The loaded national road freight transport volume in the UK is set to experience a gradual decline from 851.0 million metric tons in 2024 to 844.55 million metric tons by 2028. This downward trend represents a year-on-year reduction of approximately 0.2% between 2024 and 2025, and continues at a similar rate through 2028, highlighting a consistent contraction over the forecasted period. In 2023, the volume stood unchanged at 851.0 million metric tons. The compound annual growth rate (CAGR) over the next five years from 2024-2028 suggests a decrease of around 0.15% per annum.
Future trends to watch for include:
- The impact of economic policies and trade agreements on freight demand.
- Technological advances in logistics efficiency and sustainability.
- Infrastructure developments and their influence on capacity and transit times.
