From 2013 to 2023, the first registrations of new goods vehicles in Austria experienced notable fluctuations. Registrations peaked in 2021 before dramatically dropping in 2022, followed by a strong recovery in 2023 where the value stood at 44.46 thousand registrations. The year-on-year variations show significant volatility, particularly in 2021 and 2022. Meanwhile, the CAGR over the last five years reveals an overall decline of 1.5% till 2023.
Looking ahead, the forecast data from 2024 onwards suggest a gradual but steady increase in registrations, with an expected CAGR of 0.84% over the next five years. Future trends to watch include:
- The impact of new environmental regulations on vehicle registrations.
- Technological advancements influencing the demand for new goods vehicles.
- Economic conditions and their effect on goods transportation needs.
