The road freight transport sector in Spain has witnessed significant fluctuations over recent years. Actual data shows steady growth from 2013 to 2019, peaking at 70.06 million units in 2019. However, the sector experienced a downturn in 2020 with a notable recovery in 2021. The year 2022 saw a major drop of 26.06%, with a slight recovery in 2023 reaching 57.56 million units. Over the last two years, the sector has had varied year-on-year changes, distinctly negative from 2022's low but stabilizing slightly in 2023.
Looking ahead from 2024 onwards, forecasted data indicates a gradual decline in total volume, with a CAGR of -1.93% expected over the next five years. This suggests a shrinking market, highlighting potential challenges for the sector. Future trends to watch include economic impacts on logistics, technological advancements, environmental regulations, and shifting market demands.
