In 2023, Spain led the European road freight market for oxidizing substances, with a volume of 66 million vehicle-kilometers, despite a slight decrease of 0.3%. France experienced significant growth, increasing by 11.84% to 14 million vehicle-kilometers. Notably, Poland and Sweden showed marked upward trends with growth rates of 24.57% and 31.95%, respectively. In contrast, the Czech Republic and the United Kingdom faced declines in road freight volumes. Over a five-year period, the Compound Annual Growth Rate (CAGR) reveals a moderate increase in European road freight volumes for oxidizing substances.
Future trends to watch include continued growth in Poland and Sweden, influenced by infrastructure improvements and regulatory changes on oxidizing substance transportation. Monitoring environmental regulations and innovations in transport technologies will be essential as they may impact growth rates and market dynamics.
Top countries in Total Road Freight Volume of Oxidising Substances by Country
| # | 10 Countries | Million Vehicle-Kilometers | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 66 | 2023 | 0% | -0.3% | View data |
| 2 | 2 France | 14 | 2023 | 0% | +11.84% | View data |
| 3 | 3 Lithuania | 11 | 2023 | +22.22% | 0% | View data |
| 4 | 4 Czech Republic | 10 | 2023 | 0% | -10.07% | View data |
| 5 | 5 United Kingdom | 9 | 2023 | -10% | -7.09% | View data |
| 6 | 6 Germany | 7 | 2023 | +16.67% | +3.13% | View data |
| 7 | 7 Luxembourg | 6 | 2023 | 0% | -3.04% | View data |
| 8 | 8 Poland | 6 | 2023 | +20% | +24.57% | View data |
| 9 | 9 Finland | 5 | 2023 | 0% | +4.56% | View data |
| 10 | 10 Sweden | 4 | 2023 | 0% | +31.95% | View data |
