The road freight volume of metal ores, peat, uranium, thorium, and other mining and quarrying products in Germany stood at 915 million metric tons in 2023. From 2024 to 2028, it is forecasted to grow annually, reaching 1,023.5 million metric tons by 2028. The year-on-year growth is projected to be approximately 2.4% in 2024, 2.4% in 2025, 2.3% in 2026, 2.3% in 2027, and 2.2% in 2028, indicating a slight deceleration in growth. The compound annual growth rate (CAGR) over these five years is anticipated to be around 2.32%.
Future trends to watch for include:
- Technological advancements in freight logistics that could impact transportation efficiency.
- Environmental regulations potentially affecting the mining sector, influencing freight volume.
- Economic conditions in Germany and European demand influencing mining activity and logistical requirements.
