The liquid bulk goods road freight volume in Finland experienced significant fluctuations from 2013 to 2023, with variations ranging from a peak in 2014 at 28 million vehicle-kilometers to a low of 12 million vehicle-kilometers in 2019. These fluctuations make it challenging to establish a stable growth pattern. Notably, 2023 saw a notable decrease of 26.32% in comparison to the previous year, resulting in a volume of 14 million vehicle-kilometers. The Compound Annual Growth Rate (CAGR) for the past five years, from 2018 to 2023, is -8.64%, indicating an overall declining trend.
Looking ahead, the forecasted data from 2024 to 2028 shows a continuation of the downward trend with an annual average decline of 7.09%. By 2028, the volume is expected to reduce to 9 million vehicle-kilometers, reflecting a 30.77% decrease from 2023 levels. Key trends to watch for include the impact of environmental regulations, potential economic shifts, and advancements in transportation technology which may further influence the volume and efficiency of liquid bulk goods road freight in the coming years.
