In 2023, the road freight volume for products of wood, cork, straw, plaiting, pulp, paper, printed matter, and recorded media in the UK stood at 900 million tonne kilometers. Forecast data indicates a decline from 857.17 million tonne kilometers in 2024 to 699.2 million tonne kilometers by 2028.
Year-on-year percentage variations are as follows:
- 2025: -4.75%
- 2026: -4.89%
- 2027: -5.02%
- 2028: -5.19%
The compound annual growth rate (CAGR) over the five years is -4.71%, reflecting a consistent downward trend.
Future trends to watch include:
- Impacts of sustainable and digital transformation on supply chains in this sector.
- Potential shifts towards more localized production reducing road freight demand.
- Effects of evolving trade policies and economic conditions on freight volumes.
