Forecast: Commercial Vehicles in Use in Finland

The commercial vehicles in use in Finland showed a fluctuating trend from 2013 to 2023. The series experienced moderate growth from 2013 to 2019, with slight variances reflecting a consistent but incremental rise. However, in 2020, there was a significant decrease of 16.73%, likely due to the impact of the COVID-19 pandemic. Post-2020, the commercial vehicles market recovered significantly, peaking at 98.08 thousand units in 2023, with a year-on-year growth of 0.3% and a 5-year CAGR of 0.31%.

Looking towards the future, the forecast data suggests steady growth in the sector. A forecasted 5-year CAGR of 0.26% and an estimated growth rate of 1.29% through 2028 underscore this positive outlook. Key trends to watch for include advancements in electric and autonomous commercial vehicles, which could further drive growth and innovation within the sector.

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