The turnover of road freight transport and removal services in Norway stood at €5.93 billion in 2023. In 2024, it is forecasted to be €5.97 billion, representing a year-on-year increase of 0.67%. The upward trend continues with a 0.67% increase in 2025 to €6.01 billion, and similar incremental rises each year leading to €6.15 billion by 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is 0.92%.
Future trends to watch for include:
- Technological advancements including automation and electrification of vehicles.
- Shifts in international trade policies affecting freight demand.
- Environmental regulations pushing for greener logistics solutions.
- Economic fluctuations that impact consumer demand and industrial activity.
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