Forecast: Turnover in Freight Transport by Road Sector in Belgium

In 2023, the turnover in the freight transport by road sector in Belgium stood at 12.56 billion Euros. Forecasted data indicates a steady increase over the next five years, with the turnover projected to reach 13.1 billion Euros by 2028. The year-on-year variation from 2024 to 2028 shows:

  • 0.87% growth from 2024 to 2025
  • 0.86% growth from 2025 to 2026
  • 0.85% growth from 2026 to 2027
  • 0.77% growth from 2027 to 2028
Over the last two years, the variation shows an approximate 0.86% growth rate year-on-year. The Compound Annual Growth Rate (CAGR) over the forecast period from 2024 to 2028 is around 0.84%, indicating a stable but gradual increase in the sector's turnover.

Future trends to watch for in the Belgian freight transport by road sector include technological advancements such as the integration of autonomous vehicles and digital logistics platforms, shifts in trade policies, and environmental regulations. These factors are likely to significantly impact logistical efficiency, operational costs, and competitive dynamics within the industry.

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