The forecast for commercial vehicle registrations in Norway indicates a downward trend from 94,760 in 2024 to 90,820 in 2028. In 2023, this figure stood at 95,760, based on actual data.
Year-on-year percentage variations show a consistent decline:
- 2024: -1.04%
- 2025: -1.05%
- 2026: -1.06%
- 2027: -1.06%
Over the last five years, the Compound Annual Growth Rate (CAGR) averages a -1.03% decline per year.
Future trends to watch for include the potential impact of increasing electric vehicle adoption, regulatory changes promoting sustainability, and shifting economic conditions that could affect commercial fleet investments.