In 2023, the road freight volume of coke and refined petroleum products in Germany stood at approximately 16.17 million metric tons. The forecast from 2024 to 2028 shows a consistent decline in volume from 16.17 million metric tons to 12.93 million metric tons. The year-on-year variation indicates a decreasing trend, with an average compound annual growth rate (CAGR) about to decline further over these years.
Future trends to watch for in the road freight sector include:
- Impact of environmental regulations on petroleum products transportation.
- The shift towards alternative energy sources reducing demand.
- Technological advancements in logistics improving efficiency and possibly altering volume needs.
- Economic factors affecting the broader transportation and energy sectors.