The forecasted road freight volume for agriculture, hunting, forestry, fishing, and fishing products in the UK shows a consistent growth from 2024 to 2028. The data indicates an increase from 9.94 billion tonne kilometers in 2024 to 10.18 billion tonne kilometers by 2028. This represents a steady annual growth of approximately 0.6% year-on-year.
Based on the historical data, in 2023, the road freight volume stood at 9.88 billion tonne kilometers. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be around 0.6%, suggesting moderate growth driven by stable demand in the agriculture and related sectors.
Future trends to watch include the impact of technological advancements in logistics, changes in trade policies post-Brexit, and environmental regulations affecting road freight operations. Additionally, shifts in consumer preferences towards sustainable products might influence transportation needs in these sectors.