The road freight transport volume in Austria stood at 13.95 million units (journeys) in 2023. The sector showed a moderate recovery from the pandemic-induced dip in 2020. Notably, the year-on-year variation of 0.72% in 2023 indicates a slight but consistent upward trend. The 5-year CAGR leading up to 2023 was -0.39%, showing how the sector faced difficulties around 2020 but stabilized afterward. From 2013 to 2019, the sector enjoyed steady growth, only to face a significant 9.87% decline in 2020 due to COVID-19. The projections show a stable growth with a 5-year forecast CAGR of 0.54% and an anticipated growth rate of 2.75% by 2028.
Future trends to watch for:
- Technological advancements in logistics and freight management - Governmental regulations and policies impacting transportation - Eco-friendly and sustainable transport solutions - The economic recovery influencing demand for road freight services - Impact of geopolitical factors on international road freight routes
