Denmark's freight transport by road sector showed steady growth from 2013 to 2023, with the value increasing from 39.1 billion DKK in 2013 to 53.65 billion DKK in 2023. The year-on-year growth rate varied, with significant spikes in 2017 (9.34%) and moderate increases in other years. Over the last two years, the sector saw a consistent rise with year-on-year variations of 2.76% in 2022 and 2.66% in 2023. The CAGR for the past five years (2018-2023) stood at 2.31%, indicating moderate sustained growth.
Looking ahead, the forecast for the next five years anticipates continued growth, with values expected to reach 60.39 billion DKK by 2028. The forecasted 5-year CAGR of 1.88% and a forecasted 5-year growth rate of 9.76% suggest a slightly slower but consistent increase in the sector's production.
Future trends to watch for include potential impacts from technological advancements in logistics, changes in regulatory environments, and shifts in international trade patterns. Sustainable transport initiatives and the integration of digital tools into supply chain management could further influence growth trajectories.
