Forecast: Volume of Road Freight Transport in Turkey

The volume of road freight transport in Turkey grew steadily from 224.05 billion tonne kilometers in 2013 to 333.43 billion tonne kilometers in 2023. The year-on-year growth varied over this period, reaching notable peaks in 2014 (4.66%) and 2021 (14.26%). The compound annual growth rate (CAGR) from 2018 to 2023 was around 4.58%, indicating a robust upward trajectory. In 2023, the volume stood at 333.43 billion tonne kilometers, reflecting a consistent increase in demand for road freight transport.

Looking forward, forecasted data suggests that this trend will continue but at a slightly lower average annual growth rate of 2.14% from 2024 to 2028. The projected volume is expected to reach 381.61 billion tonne kilometers by 2028, with an overall growth rate of 11.17% over five years.

Future trends to watch for include the impact of technological advancements in logistics, infrastructure investments, and sustainability initiatives which may further influence growth dynamics in Turkey's road freight sector.

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