Forecast: National Movements of Passenger Cars Registered Domestically in Denmark

Between 2013 and 2023, the national movements of passenger cars registered domestically in Denmark grew steadily, except in 2020 due to the pandemic. The value measured in Billion Vehicle-Kilometers stood at 42.59 in 2023. Annual growth rates fluctuated with significant drops in 2020 but rebounded sharply in 2021. The last recorded year-on-year variation was 0.88% for 2023, with the compound annual growth rate (CAGR) averaging 0.85% over the previous five years.

Looking ahead, the forecast indicates continued growth in vehicle movements reaching 44.41 Billion Vehicle-Kilometers by 2028. The five-year CAGR from 2024 to 2028 is projected to be 0.72%, with a total growth of 3.64% over this period.

Future trends to watch for include the potential impact of advancements in electric vehicle adoption, evolving transportation policies aimed at reducing carbon emissions, and potential economic factors influencing travel behavior and vehicle usage patterns.

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