Forecast: National Passenger Road Transport by Motor Vehicles in Denmark

National passenger road transport by motor vehicles in Denmark stood at 77.92 billion passenger kilometers in 2023. The trend from 2013 to 2023 shows a general increase, with a significant dip in 2020 due to the COVID-19 pandemic, followed by a recovery phase. The year-on-year growth for 2022 was 6.09%, and it moderated to 0.76% in 2023. The last five years saw an average annual growth rate (CAGR) of 0.78%, indicating a generally stable upward trend.

Looking ahead, the forecasted values project a continued but modest growth, with a five-year CAGR of 0.62% culminating in 80.77 billion passenger kilometers by 2028. The total projected growth from 2023 to 2028 is 3.16%.

Future trends to watch for:

  • Impact of emerging technologies like electric and autonomous vehicles on passenger transport.
  • Shifts in consumer behavior influenced by sustainability and green transportation initiatives.
  • Potential disruptions due to economic fluctuations or global events.

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