Between 2013 and 2023, the volume of national road freight transport in Belgium fluctuated, reaching 22.45 billion tonne kilometers in 2023. Notable variations include a significant drop in 2017 followed by marked growth in 2018 and consecutive growth years through 2021. Recent years showed moderate volatility with slight increases in 2022 and 2023. Over the last five years, the compound annual growth rate (CAGR) was 1.75%.
Future forecasts from 2024 to 2028 predict a stabilizing upward trend, with an overall growth rate of approximately 2.5% and a modest CAGR of 0.49%.
Trends to watch for include:
- The impact of regulatory changes on transportation efficiency.
- Advancements in sustainable and green transport technologies.
- Shifts in economic activity and trade patterns influencing freight demand.