Based on the data, the forecasted annual values (in Thousand Metric Tons) are as follows:
- 2024: 45.84
- 2025: 45.91
- 2026: 45.97
- 2027: 46.01
- 2028: 46.05
The year-on-year variation percentages are:
- 2024-2025: 0.15%
- 2025-2026: 0.13%
- 2026-2027: 0.09%
- 2027-2028: 0.09%
The Compound Annual Growth Rate (CAGR) over the period from 2024 to 2028 is approximately 0.11%.
Future Trends: Given the steady but modest increase in new lorry registrations, monitoring factors such as emerging regulations on vehicle emissions, advancements in electric lorry technology, and economic conditions will be crucial. Additionally, shifts in consumer demand and logistical requirements could significantly impact future growth trajectories.