Based on the provided data, the forecasted number of lorries above 3500 kg in Finland shows a stable increase from 2024 to 2028:
- 2024: 162.22 thousand
- 2025: 163.71 thousand
- 2026: 165.16 thousand
- 2027: 166.59 thousand
- 2028: 167.99 thousand
Year-on-Year Variation:
- 2024-2025: (163.71 - 162.22) / 162.22 * 100 = 0.92%
- 2025-2026: (165.16 - 163.71) / 163.71 * 100 = 0.89%
- 2026-2027: (166.59 - 165.16) / 165.16 * 100 = 0.87%
- 2027-2028: (167.99 - 166.59) / 166.59 * 100 = 0.84%
Compound Annual Growth Rate (CAGR) over the last 5 years:
CAGR = ((167.99 / 162.22)^(1/4) - 1) * 100 = 0.87%
Future Trends: The number of lorries above 3500 kg in Finland is expected to grow steadily with a CAGR of approximately 0.87% annually over the next five years. Future trends to watch include advancements in automotive technology, changes in logistics demand, regulatory policies, and shifts in economic conditions which may impact the growth rate of heavy lorry registrations.