Forecast: Volume of Road Freight Transport in Austria

The volume of road freight transport in Austria stood at 19.48 billion tonne-kilometers in 2023. The historical data from 2013 to 2023 shows a general upward trend with some fluctuations. Between 2021 and 2023, there were moderate changes, with road freight volume increasing by 1.54% in 2023 after a 1.94% decrease in 2022 and a notable 4.44% rise in 2021. The 5-year compound annual growth rate (CAGR) leading up to 2023 was 0.94%, reflecting a steady but modest increase in road freight demand.

Looking ahead, from 2024 to 2028, the forecasted data suggests a continued gradual growth in the volume of road freight transport, with a 5-year growth rate of 5.7% and a forecasted 5-year CAGR of 1.12%. The projected increase implies a sustained but tempered demand for road freight services in Austria.

Future trends to watch for include the impact of technological advancements, such as autonomous vehicles and increased efficiency in logistics, as well as potential regulatory changes aimed at reducing carbon emissions. The evolution of e-commerce and shifting trade patterns will also play significant roles in shaping the road freight landscape.

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