In 2023, the international road freight volume of dangerous goods in the UK stood as a benchmark against which following forecasts can be compared. From 2024 to 2028, the volume is predicted to decline from 10.18 million vehicle-kilometers to 6.95 million. This demonstrates a year-on-year decrease in volume: 2025 down by approximately 8.1%, 2026 by 8.8%, 2027 by 9.4%, and 2028 by 10.1%. The compound annual growth rate (CAGR) from 2024 to 2028 shows a consistent contraction over this five-year forecast period.
Future trends to watch for:
- Regulatory changes and their impacts on transporting dangerous goods internationally.
- Technological advancements in safety and logistics systems that could alter volume needs and efficiencies.
- Economic factors affecting demand and logistics of dangerous goods across borders.