The forecasted road freight volume of wood, paper, and related products in the UK is set to decline from 36.68 million metric tons in 2024 to 28.71 million metric tons by 2028. This reflects a year-on-year decrease of approximately 5-6%. For reference, in 2023, the volume was slightly higher, indicating a consistent downtrend from actual data leading into the forecast period. The compound annual growth rate (CAGR) over the five years signifies an average annual decline in freight volumes.
Future trends to watch for include advances in material recycling, potential impacts of digitalization reducing demand for printed matter, and an evolving regulatory environment focused on sustainability, all of which may influence freight volumes in these sectors.
