The national road freight volume of equipment and materials utilized in good transport in the UK is showing a downward trajectory from 2024 to 2028. In 2023, the actual volume stood at 19.5 million metric tons, serving as a baseline for the forecasted decline. From 2024 onwards, the forecasted data indicates a continuous year-on-year decrease, with notable percentage drops as the volume shifts from 18.79 million metric tons in 2024 to 15.62 million metric tons by 2028.
Key variations:
- 2024 to 2025: -4.36%
- 2025 to 2026: -4.44%
- 2026 to 2027: -4.55%
- 2027 to 2028: -4.70%
- Last 5-year CAGR: -5.15%
Looking ahead, key trends to watch include potential impacts of economic changes, technological advancements in transport, and shifts in regulatory policies on logistics efficiency. A focus on environmental sustainability might further influence industry practices and transport choices.
