Forecast: Volume of Inland Waterways Freight Transport in the UK

In 2023, the volume of inland waterways freight transport in the UK stood at its previous level before the significant forecasted decline. From 2024 to 2028, we anticipate a considerable decrease in volume, declining steadily from 63.72 to 42.03 million tonne kilometers. This reflects a clear downward trend, with year-on-year reductions highlighting systemic challenges in the sector. The compound annual growth rate (CAGR) over the five-year period is negative, indicating persistent, long-term declines.

Future trends to watch for:

• Environmental regulations and their impact on traditional transport methods.
• Advancements in sustainable and alternative transport technologies.
• Shifts in economic activities affecting freight demand.