The forecast for the UK's national road freight volume of coke and refined petroleum products sees a declining trend from 26.43 million metric tons in 2024 to 17.56 million metric tons by 2028. This translates to a consistent year-on-year decrease of around 9 to 12 percent. The Compound Annual Growth Rate (CAGR) over this five-year period is negative, indicating an average annual decline in volume.
Future trends to watch for include evolving regulations on fossil fuels, shifts towards renewable energy sources, and the potential impact of economic conditions on industrial demand. These factors could further influence the demand and transport needs in this sector.
