In 2023, the UK's national road freight transport stood at 1.425 billion metric tons. The forecast from 2024 to 2028 shows a gradual decline, with the volume decreasing annually by a narrow margin from 1.422 billion metric tons in 2024 to 1.4078 billion metric tons in 2028. The year-on-year variation indicates a slight reduction, consistently less than 1%. The compound annual growth rate (CAGR) over the five-year forecast period points to a minor negative trend, emphasizing the modest contraction in the sector.
Looking ahead, several trends could influence the UK's road freight transport volume:
- Advancements in logistics technology that improve efficiency.
- Potential regulatory changes affecting fuel and emissions.
- Economic factors impacting commercial demand for freight transport.
- The shift towards more sustainable transport modes and infrastructure development.