Key Market Indicators
Swedish commercial vehicle registrations are expected to reach 15,260 units by 2026. This is a decrease of 9.4% each year on average since 2021, when the country had 11,650 vehicles registered. Since 2010, the Swedish market has decreased by 27.8% each year. Switzerland overtook Sweden in 2021, with 11,650 vehicles registered. Mexico, Argentina and Australia respectively ranked second, third and fourth in this ranking. Diesel truck sales are forecasted to reach $379.8 million by 2026, down from $414.4 million in 2020. This is a CAGR of 1.7% year on year. Demand has decreased by 2.1% each year since then. France, Italy and Australia respectively ranked second, third and fourth in this ranking.