The analysis of national movements of motor vehicles in Sweden demonstrates a consistent upward trend from 2013 to 2023, with the latter year recording 87.03 billion vehicle-kilometers in value. The year-on-year variation indicates a steady, albeit slowing, growth rate over recent years. The Compound Annual Growth Rate (CAGR) provides insight into this trend, showing a slowdown, with a last 5-year CAGR of 0.61% from 2018 to 2023.
Over the last two years, the variations were marginal, with increases of 0.62% from 2021 to 2022 and 0.60% from 2022 to 2023. Moving ahead, the forecast predicts the national movements will reach 89.5 billion vehicle-kilometers by 2028, driven by a forecasted 5-year CAGR of 0.44%, translating to an overall growth rate of 2.23% in this period.
Future trends to watch for:
- Impact of technological advancements in automotive technology, particularly autonomous and electric vehicles.
- Potential policy changes aimed at reducing carbon emissions and promoting sustainable mobility.
- Shifts in public transportation utilities and infrastructure developments.