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.