In 2023, the loaded international cabotage road transport volume in the UK was recorded at 1.58 million metric tons. Forecasts indicate a slight upward trend through 2028, with volumes expected to reach 1.61 million metric tons. The year-on-year growth between 2024 and 2028 remains modest, approximately 0.63% on average. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period is about 0.38% per annum, reflecting stability and minimal fluctuation in the market.
Future trends to watch for:
- Potential impacts of Brexit adjustments on international transport volumes.
- Developments in low-carbon transportation that could shift demand.
- Economic growth or downturns, which may influence trade volumes.
