The forecasted data for empty road freight transport volume in the UK from 2024 to 2028 indicates a steady decline. In 2023, the volume was recorded at 3.90 billion vehicle-kilometers. From 2024 onward, the volume decreases from 3.85 to 3.70 billion vehicle-kilometers, reflecting a gradual year-on-year decrease. The annual decrease percentages are as follows: 1.04% in 2025, 1.05% in 2026, 0.80% in 2027, and 1.07% in 2028. The Compound Annual Growth Rate (CAGR) over this period is approximately -1.06%.
Future trends to monitor include:
- The impact of economic growth or downturn on freight demand.
- Technological advancements improving vehicle efficiency and reducing empty mileage.
- Changes in regulations affecting road freight operations.
- Increased focus on sustainable logistics practices reducing empty volumes.
