Commercial vehicle registrations in the Netherlands, expressed in thousands, experienced significant fluctuations over the past decade. In 2023, the value stood at 47.5 thousand, marking a 34.8% decline from the previous year. Over the last two years (2022-2023), the market saw pronounced volatility, driven by a strong rebound in 2022 followed by a downturn in 2023. The long-term trend over the past five years (2018-2023) shows an average annual decrease of 9.75%. Future forecasts indicate a continued decline with a projected five-year CAGR of -4.44%, reaching 35.96 thousand by 2028. This presents a concern with a 20.33% drop from the current year.
Key trends to watch for:
- Market stabilization post-pandemic recovery and supply chain disruptions.
- Technological advancements in commercial vehicles, including electric and autonomous vehicles.
- Potential regulatory changes impacting fleet modernization and sustainability initiatives.