Forecast: Production in Freight Transport by Road Sector in Germany

The road freight transport sector in Germany has witnessed a steady increase in production value over the past decade, growing from €33.55 billion in 2013 to €39.93 billion in 2023. The year 2023 marked a production value of €39.93 billion, reflecting a year-on-year increase of 1.8%. Historical CAGR analysis from 2018 to 2023 indicates an average annual growth rate of approximately 1.49%. Notably, the sector experienced fluctuations such as a decline in 2016 and 2020 but showed resilience with subsequent recoveries. Between 2022 and 2023, the year-on-year growth stood at 1.8%.

Looking towards the future, forecasts from 2024 to 2028 suggest continued growth, with production value expected to reach €43.37 billion by 2028. The projected 5-year CAGR from 2023 to 2028 is approximately 1.31%, pointing to a period of stable albeit modest growth. The anticipated 5-year growth rate is 6.73%, indicating a sustained positive trend in the sector.

Future trends to watch for include advancements in logistics technology, the impact of environmental regulations, and potential shifts in trade dynamics within the EU. These factors could influence the growth trajectory and operational efficiencies within the road freight transport sector in Germany.

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