Forecast: First Registrations of New Passenger Cars in Poland

In 2023, the first registrations of new passenger cars in Poland stood at 406,53 thousand, based on actual data. The forecast for 2024 indicates a decrease to 391.98 thousand registrations, marking a year-on-year variation of approximately -3.6%. This downward trend is expected to continue, with further declines projected year-on-year as follows: 2025 (-3.7%), 2026 (-3.8%), 2027 (-4.0%), and 2028 (-4.1%). Over the last two years, this represents a total variation of -7.6%. The compound annual growth rate (CAGR) for the period from 2023 to 2028 is expected to be around -4.0%.

Future trends to watch for include potential shifts in consumer preferences towards electric and hybrid vehicles, regulatory impacts on emissions standards, and economic factors such as changes in disposable income and financing options for vehicle purchases. These factors could significantly influence the dynamics of new passenger car registrations in Poland.