From 2013 to 2023, the Diesel Automotive market size in Denmark for engines less than 1500cc showed consistent growth, moving from $90.22 to $121.53 per capita. The market expanded significantly, especially from 2015 onward, with the strongest growth between 2016 and 2018. In the last two years, the year-on-year growth rate was modest, reflecting a stable yet slight increase in consumer adoption and demand.
- Year-on-year growth for 2022-2023 was approximately 2.34%.
- The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 was approximately 1.96%.
Future trends to watch include potential regulatory changes affecting diesel vehicles, shifts to electric vehicles, and technological advancements in fuel efficiency. These factors could impact market dynamics and consumer preferences in the upcoming years.
| # | 7 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 121.53 | 2023 | |||
| 2 | 2 Austria | 94.29 | 2023 | View data | ||
| 3 | 3 Montenegro | 62.61 | 2023 | View data | ||
| 4 | 4 Estonia | 60.24 | 2023 | View data | ||
| 5 | 5 Switzerland | 33.73 | 2023 | View data | ||
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