The road freight volume in the packaging paper sector in Denmark showed significant fluctuations from 2013 to 2023. In 2013, it stood at 8.0 thousand journeys and experienced a decline to 6.0 thousand journeys by 2017. A remarkable surge occurred in 2019 with the volume skyrocketing to 29.0 thousand journeys. However, this was followed by a dip in 2020 to 20.75 thousand journeys. The volume then consistently increased, reaching 26.0 thousand journeys in 2023.
Year-on-year variations were pronounced, with notable rises and falls. For instance, the volume surged by 65.71% in 2019, followed by a decline of 28.45% in 2020. Over the last two years, the road freight volume maintained a positive growth trend with an average annual growth rate (CAGR) of 8.24% over the past five years leading up to 2023.
Looking forward, forecasted data from 2024 to 2028 predict a steady but moderate growth, with the volume expected to increase from 26.64 thousand journeys in 2024 to 28.87 thousand journeys in 2028. This represents a forecasted 5-year CAGR of 1.62% and an overall growth rate of 8.37% by 2028.
Future trends to watch for include the impact of technological advancements in logistics, shifts in packaging material preferences, and regulatory changes affecting road freight. Economic factors influencing production and consumption patterns will also be critical to monitor.
