Ti’s latest forecasts reveal the European road freight market is projected to show positive growth in 2021, expanding by 4.7% in real terms, marking a recovery from 2020. Recovery will not be quick however, as Ti’s COVID Recovery Tracker 2021 (CRT21) projects the total market will still be 1.5% smaller in 2021 than it was in 2019. The domestic market is projected to fare slightly better with the CRT21 showing the market will be 1.4% smaller than it was in 2019. The international market looks to be slightly worse off with the CRT21 showing it will be 1.6% smaller.
Download our latest whitepaper for a full breakdown of European Road Freight post-Covid forecasts, including detailed analysis of domestic and international market growth and projections.
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