In 2023, the new registrations of liquefied petroleum gas lorries up to 3500 kg in France were a crucial baseline. Forecasted data for 2024 to 2028 shows a slight decline in registrations. From 2024 to 2025, registrations are predicted to decrease by approximately 2%, mirroring the trend with a consistent 2% decrease year-on-year. The compound annual growth rate (CAGR) for this period reflects a gradual decline of 2% annually.
Future trends to watch for include:
- Increasing regulations and environmental concerns could impact LPG lorry sales.
- Technological advancements in alternative fuels might accelerate this shift.
- Government incentives or policies could influence registration numbers positively or negatively.