The road freight transport sector in Norway is witnessing a gradual increase in volume. Starting from an actual volume of 15.60 billion tonne-kilometers in 2023, the sector is forecasted to reach 15.81 billion tonne-kilometers in 2024. This marks a year-on-year increase of 1.3% from 2023 to 2024. Continuing with this trend, the forecasted volume grows steadily each year: 16.06 billion tonne-kilometers in 2025 (1.6% increase), 16.31 billion tonne-kilometers in 2026 (1.6% increase), 16.55 billion tonne-kilometers in 2027 (1.5% increase), and 16.79 billion tonne-kilometers in 2028 (1.4% increase). The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is approximately 1.5%.
Future trends to watch for:
• Technological advancements in logistics and supply chain management. • Increased focus on sustainability and reduction of carbon emissions in freight transport. • Development of infrastructure and regulatory changes impacting the logistics sector. • Economic factors and international trade agreements potentially influencing road freight demand.
