From 2013 to 2023, the road freight transport sector in Spain has shown a generally consistent upward trend, with a few dips such as in 2020, likely due to the COVID-19 pandemic. In 2023, the volume stood at 249.77 billion tonne kilometers, reflecting steady year-on-year growth.
- 2013: -3.32% YoY, -4.54% CAGR- 2014: 1.65% YoY, -1.57% CAGR- 2015: 6.96% YoY, -0.065% CAGR- 2016: 3.63% YoY, 0.96% CAGR- 2017: 6.5% YoY, 3.02% CAGR- 2018: 3.41% YoY, 4.41% CAGR- 2019: 4.42% YoY, 4.98% CAGR- 2020: -2.92% YoY, 2.96% CAGR- 2021: 1.06% YoY, 2.44% CAGR- 2022: 1.02% YoY, 1.36% CAGR- 2023: 1.00% YoY, 0.89% CAGR- 2028: Forecast 5-year CAGR: 0.74%, Total Growth Rate: 3.77%
Future trends to watch for include the impact of technological advancements like autonomous vehicles and digital freight matching platforms. Also, environmental regulations aimed at reducing carbon emissions could influence the industry's growth and transformative shifts towards more sustainable practices.
