In 2023, the expenditure on the purchase of vehicles in Sweden was 970 euros per capita. The forecasted expenditure for 2024 stands at 995 euros per capita, with a year-on-year variation of 2.58%. This upward trend continues, with predicted expenditures of 1020 euros in 2025 (2.51% increase), 1040 euros in 2026 (1.96% increase), 1060 euros in 2027 (1.92% increase), and 1090 euros in 2028 (2.83% increase). Over the last two years (2023-2024), the expenditure has shown a strong upward trend. The CAGR for the period from 2023 to 2028 is estimated to be 2.38%.
Future trends to watch for include the impact of evolving regulatory policies on vehicle purchases, potential market shifts towards electric vehicles, and economic factors influencing household spending power. Additionally, advancements in automotive technology and consumer preferences towards sustainable and innovative vehicle options may further influence expenditure patterns in Sweden over the coming years.
