The Diesel or Semi-Diesel Trucks market in Denmark experienced significant fluctuations between 2012 and 2022. Initial growth pauses were noted, with a peak in 2017 at 30.6 thousand units and subsequent declines, reaching a low of 26.1 thousand units in 2020. The market showed incremental recovery with a value of 27.8 thousand units in 2022. Over the last five years, the average annual growth rate (CAGR) was -1.9%, indicating a general downtrend.
Key variations include a sharp increase in 2014 (+33.54%) and 2015 (+23.72%), followed by moderate growth and then contraction starting in 2018 (-5.88%) through 2020 (-3.33%). In 2021, the decline slowed to -0.47%, with a slight recovery in 2022 (+7.01%). Projections for 2024 expect market stabilization and gradual growth.
Future trends to watch for include:
- Technological advancements in fuel efficiency and alternative energy sources.
- Regulatory changes affecting diesel emissions and transport policies.
- Market demand shifts influenced by economic conditions and infrastructure developments.
