Forecast: Commercial Vehicles in Use in Sweden

The commercial vehicles in use in Sweden showed a mixed trend from 2013 to 2023, initially displaying steady growth until a significant downturn in 2020 (-16.03% YoY). Recovery was swift with a notable increase in 2021 (15.76% YoY), and indicative stability resumed, with 2023 standing at 667.59 thousand units, marking a moderate 1.07% YoY growth and a 1.14% five-year CAGR.

Future trends to watch for include:

- Projected steady growth, with forecasted increases up to 702.44 thousand units by 2028.

- A forecasted five-year CAGR of 0.86%, equating to a 4.37% growth rate over five years, suggesting moderate but stable market conditions.