In 2023, the road freight transport volume in Sweden stood at 44.19 billion tonne kilometers. This represents a year-on-year increase of 0.76%. Notably, from 2022 to 2023, the sector experienced modest growth with a cumulative average growth rate (CAGR) of 0.57% over the past five years. Over the last decade, the sector has seen mixed trends with slight fluctuations year-on-year but a general upward trend in the longer term.
Looking at the forecasted period, the road freight transport volume is expected to continue growing, reaching 45.81 billion tonne kilometers by 2028, reflecting a forecasted CAGR of 0.57% over the next five years. The overall forecasted growth rate for the upcoming five years is projected at 2.9%.
Future trends to watch for:
- Technological advancements in logistics and transportation efficiency.
- Impact of environmental regulations on fleet upgrades and alternative fuel adoption.
- Potential effects of economic fluctuations on freight demand.
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