The number of vehicles in use in the Netherlands has shown a steady increase from 2013 to 2019, except for a significant drop in 2020. From 2021 onwards, the market rebounded and continued its growth trend, reaching 9.91 million units in 2023. The year-on-year variation in 2023 stood at 0.65%, with a CAGR of 0.68% over the last five years.
Future trends to watch for:
- Monitor the robustness of recovery post-2020 to ensure sustained growth.
- Impact of electric vehicles and infrastructure on market dynamics.
- Potential policy changes on vehicle usage and emissions.
- Technological advances such as autonomous driving.
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