Forecast: Road Freight Volume of Vegetables Growing Sector in Portugal

The road freight volume of the vegetables growing sector in Portugal in 2023 stood at 2.0 million vehicle-kilometers. Analyzing year-on-year variations reveals a fluctuating trend: with significant decreases of 66.67% in 2022 and an increase of 100% in 2023. The compound annual growth rate (CAGR) over the last 5 years shows a downturn at -7.79%.

Forecast data from 2024 onward suggests a steady decline in road freight volume, with figures dropping to 1.0 million vehicle-kilometers by 2028. The forecast 5-year CAGR stands at -12.94%, pointing to a substantial 50% reduction by 2028.

Future trends to watch for include an increasing adoption of sustainable transport solutions, shifts in agricultural production patterns, and economic policies impacting the vegetable growing sector and the logistics chain efficiency.

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