In 2023, the road freight volume for metal ores, peat, uranium, thorium, and other mining and quarrying products in the UK was 90 million metric tons. The projected figures indicate a declining trend from 2024 to 2028. Year-on-year, the decrease is approximately 5.9% in 2025, 6.1% in 2026, 6.4% in 2027, and 6.7% in 2028. Over five years, this results in a compound annual growth rate (CAGR) of -6.1%.
Future trends to watch for include:
- Technological advancements that optimize logistics.
- Policy changes affecting mining and transport sectors.
- Alternative materials impacting demand for traditional mining products.
