The road freight volume of the kitchen furniture sector in Spain stood at 10.0 million tonne kilometers in 2023. Analysing the data, there was significant volatility over the period from 2013 to 2023, with substantial fluctuations observed. There was a sharp decline from 19.0 in 2013 to a low of 4.0 in 2018 before recovering to 20.0 in 2020. However, from 2021 onwards, it saw another dip and stabilized around 9.0 to 10.0 million tonne kilometers. The year-on-year change in 2023 was stable at 0%. The last five-year CAGR indicated an average annual variation of 20.11%.
Looking forward, the forecast from 2024 to 2028 shows a trend towards stabilization at around 9.0 to 10.0 million tonne kilometers. The five-year CAGR forecast stands at -2.09%, predicting a minor cumulative decline over the period.
Future trends to watch for include potential impacts of economic factors, advancements in logistics efficiency, and the influence of sustainability initiatives on the freight volume for the kitchen furniture sector.