In 2023, the national road freight volume of gases in the UK was estimated at around 984 million tonne kilometers. Forecasted data for 2024-2028 show a consistent decrease in volume, with growth rates of -0.79% from 2024 to 2025, -0.78% from 2025 to 2026, -0.77% from 2026 to 2027, and -0.76% from 2027 to 2028. Historically, over the last few years, there has been a negative CAGR, indicating an average annual decline in volume. This trend reflects reductions in demand or shifts to alternative modes or energy sources.
Future trends to watch for:
- Technological advancements in storage and transportation methods for gases that might impact logistics and efficiency.
- Regulations and policies around environmental standards pushing for greener transportation methods, potentially affecting road freight volumes.
- Economic factors influencing industrial demand for gases and the consequent impact on their road freight transportation needs.