In 2023, the international road freight transport unloaded volume in the UK stood at 26.85 million vehicle-kilometers. The forecast from 2024 to 2028 shows a consistent decline, reaching 26.13 million vehicle-kilometers by 2028. The year-on-year percentage decline is steady, averaging around 0.57% per year. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates a decrease of approximately 0.58% annually.
Future trends to watch for include:
- Impact of fuel costs and environmental regulations on transport volumes.
- Technological advancements in logistics and automation influencing efficiency.
- Potential shifts in trade regulations due to geopolitical factors affecting the UK.
- Economic fluctuations impacting overall demand for freight transport services.