Forecast: Number of Petrol Passenger Cars in the Netherlands

The number of petrol passenger cars in the Netherlands increased steadily from 2015 to 2023, standing at 7.7254 million in 2023. From 2024 onward, the data is forecasted. The year-on-year variation shows consistent growth, with notable increases in years such as 2019 (3.5%) and 2020 (2.26%). More recent years, 2022 and 2023, had year-on-year increases of 1.56% and 1.64%, respectively. Over the last five years leading to 2023, the average annual growth rate (CAGR) was 1.67%. Looking ahead to 2028, the forecast suggests a continued upward trajectory with a forecasted 5-year CAGR of 1.2%, highlighting steady growth albeit at a slightly slower rate. Future trends to watch for include the potential impacts of environmental regulations, advancements in fuel technologies, and the rising popularity of electric vehicles, which might influence the growth rate of petrol passenger cars.

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