The forecast for the production of road transport and pipeline transport in South Korea shows a steady increase from 2024 to 2028. In 2023, the production stood at 66.991 Trillion South Korean Wons. The next year-on-year variations are:
- 2024: 1.63%
- 2025: 1.62%
- 2026: 1.56%
- 2027: 1.51%
- 2028: 1.46%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.56% per year.
Future trends to watch for include technological advancements in road and pipeline infrastructure, government policies and regulations promoting sustainable transport, and potential economic factors that may influence production growth in this sector.
