Forecast: Number of Road Tractors at Least 20 Years Old in Belgium

The number of road tractors at least 20 years old in Belgium in 2023 stood at 7.6 thousand. Forecasts for the coming years indicate a very slight upward trend: 2024 and 2025 remain stable at 7.6 thousand, with minor increases to 7.61 thousand in 2026, 7.62 thousand in 2027, and 7.63 thousand in 2028. The year-on-year variation from 2024 to 2025 is 0%, from 2025 to 2026 is 0.13%, from 2026 to 2027 is 0.13%, and from 2027 to 2028 is 0.13%. The compounded annual growth rate (CAGR) over these five years is expected to be approximately 0.07%.

Future trends to watch for include potential regulatory changes affecting vehicle age and emissions standards, advancements in vehicle technology that extend the lifespan of road tractors, and economic factors influencing the costs of maintaining older vehicles versus upgrading to newer models.

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