In 2023, the railway transport volume of coke and refined petroleum products in the UK stood at 454 million tonne kilometers. Over the next five years, from 2024 to 2028, forecasts indicate a consistent decline in volume, averaging a decrease of 5.5% annually. Year-on-year variations are expected to be: -5.6% from 2024 to 2025, -5.7% from 2025 to 2026, -5.7% from 2026 to 2027, and -6.1% from 2027 to 2028.
Future trends to watch for include:
- Potential transition to alternative fuels affecting railway freight demand.
- Economic and regulatory impacts on fossil fuel transportation.
- Technological advancements in railway efficiency and environmental standards.