In 2023, the volume of road freight transport for hire and reward in Belgium stood at 30.17 billion tonne-kilometers. As we forecast into the future, we observe a steady year-on-year growth in the volume of road freight transport.
- 2024: 30.51 (1.13% increase from 2023)
- 2025: 30.85 (1.11% increase from 2024)
- 2026: 31.19 (1.10% increase from 2025)
- 2027: 31.53 (1.09% increase from 2026)
- 2028: 31.87 (1.08% increase from 2027)
The compound annual growth rate (CAGR) over the forecasted period (2024-2028) is approximately 1.10% per year.
Future trends to watch for include advancements in logistics technology, changes in European Union transport regulations, and the impact of sustainability initiatives on the road freight sector. These factors could significantly influence the growth trajectory of road freight transport in Belgium.
