The number of diesel passenger cars in Sweden has displayed mixed trends over the past years. The annual growth rate was robust initially, peaking in 2014 with a 14.7% year-on-year increase and maintaining strong growth until 2017. However, from 2018, the growth rate started to decelerate, recording minimal increases in 2019 and stagnating in 2020. By 2021 and 2022, the market saw slight declines, with the year-on-year value dropping by 0.73% and 3.3% respectively. Nevertheless, 2023 brought a modest recovery with a 3.78% increase resulting in a total volume of 1.7427 million diesel passenger cars.
Forecast data predicts a steady increase in the number of diesel passenger cars in Sweden, with a projected annual growth rate (CAGR) of 2.56% over the next five years, reaching 2.0476 million by 2028—a cumulative growth of 13.45% from 2023.
Future trends to watch for include shifts in governmental policies regarding diesel vehicles, advancements in alternative fuel technologies, and consumer preferences leaning towards more environmentally friendly options. These factors could potentially affect the predicted growth and necessitate continual reassessment of market conditions.
