In 2023, the national road freight volume for agriculture, hunting, forestry, fish, and fishing products in the UK stood at 92.8 million metric tons. The forecast for 2024 shows a slight decrease to 91.95 million metric tons, initiating a downward trend. By 2028, the volume is expected to decline to 88.71 million metric tons, reflecting an overall decrease over these years.
The year-on-year variations indicate a consistent decline, with a 0.90% decrease in 2025, 0.90% in 2026, 0.89% in 2027, and 0.88% in 2028, culminating in a five-year compound annual growth rate (CAGR) of approximately -1.12%.
Future trends to watch for include:
- The impact of environmental policies aimed at reducing carbon footprints and promoting sustainability.
- Technological advancements in transportation and logistics that could optimize distribution efficiency.
- Potential shifts in trade agreements and regulations post-Brexit affecting supply chains.