Between 2013 and 2023, road freight carried by articulated trucks in Australia exhibited a general upward trend with minor fluctuations. The value stood at 199.5 billion tonne kilometers in 2023. The year-on-year variations showcased a mixed pattern, with significant declines in 2020 due to unforeseen circumstances and notable rebounds in subsequent years. Over the last five years, the CAGR was 1.8%, reflecting steady growth despite the volatility observed in 2020.
Going forward, the forecasted data suggests a continued increase in road freight, with a five-year CAGR of 1.31% expected. The growth from 2024 to 2028 is predicted to be 6.71%, indicating a sustained positive trajectory.
Future trends to watch for include the impact of digitalization on logistics, advancements in truck technology, and potential regulatory changes aimed at reducing carbon emissions. Additionally, shifts in economic activities and supply chain structures could significantly influence the volume of road freight carried by articulated trucks in Australia.
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