Forecast: Total Road Freight Volume of Flammable Liquids in the UK

In 2023, the total road freight volume of flammable liquids in the UK stood at approximately 1,100 thousand units. The forecasts indicate a steady year-on-year decline, with the volume projected to decrease by approximately 12.5% from 2024 to 2025, 14.0% from 2025 to 2026, 15.9% from 2026 to 2027, and 18.7% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) reflects a negative trend, indicating a sustained decrease in the transportation of these materials.

Future trends to watch for include:

  • Regulatory changes impacting the transport of hazardous materials.
  • Technological advancements in safer and more efficient transportation methods.
  • Shifts in energy production and consumption patterns reducing demand for flammable liquids.

Top Countries about Road Freight