Sales of New Cars In Sweden – Data, Trends, Charts & Analysis
Here you will find annual car sales figures for Sweden. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).
Since the late 1990s, the Swedish car market has fluctuated between 240,000 and 425,000 annual sales. The market recovered from a low of under 250,000 sales in 2009 after two years of double digit declines to a record of nearly 435.000 sales 8 years later in 2017 before declining in 2018 and 2019 due to a higher tax on less efficient vehicles. LCV sales typically make up 12% of total car sales in Sweden.
Sweden Automotive Sales Data & Recent Highlights
As you can see, the Swedish car sales market has been declining in recent years. The market has been shrinking at an average annual growth rate of 4.1%. There are a number of factors that have contributed to the decline of the Swedish car sales market. These include:
- The economic slowdown: The Swedish economy has been slowing down in recent years, which has led to a decrease in disposable income.
- The rise of electric vehicles: Electric vehicles are becoming increasingly popular in Sweden, which is taking market share away from traditional gasoline-powered cars.
- The shortage of semiconductors: The shortage of semiconductors is affecting the production of new cars, making it difficult to find cars for sale in Sweden.
The Swedish car sales market is expected to remain weak in the coming years. The market is expected to shrink by an average annual growth rate of 1.0%.
Here are some of the trends in the Swedish car sales market:
- The increasing popularity of electric vehicles: Electric vehicles are becoming increasingly popular in Sweden, as the government offers incentives to encourage people to buy them. In 2022, electric vehicles accounted for 16.0% of new car registrations in Sweden. This is up from 10.1% in 2021.
- The growing popularity of online car buying: More and more people are buying cars online in Sweden. In 2022, 15.0% of new car purchases were made online. This is up from 12.0% in 2021. The convenience and flexibility of online car buying are driving its popularity.
These are just some of the trends in the Swedish car sales market. The market is constantly evolving, so it is important to stay up-to-date on the latest trends.
Sweden New Motor Vehicle Sales Table
| Year | Passenger Cars | Light Commercial | Sales | Growth |
|---|---|---|---|---|
| 1990 | 229,941.0 | 229,941 | ||
| 1991 | 188,308.0 | 188,308 | -18.11 | |
| 1992 | 154,173.0 | 154,173 | -18.13 | |
| 1993 | 124,343.0 | 124,343 | -19.35 | |
| 1994 | 156,375.0 | 156,375 | 25.76 | |
| 1995 | 169,756.0 | 169,756 | 8.56 | |
| 1996 | 183,820.0 | 183,820 | 8.28 | |
| 1997 | 225,263.0 | 20,209.0 | 245,472 | 33.54 |
| 1998 | 253,430.0 | 25,850.0 | 279,280 | 13.77 |
| 1999 | 295,249.0 | 29,802.0 | 325,051 | 16.39 |
| 2000 | 290,529.0 | 31,306.0 | 321,835 | -0.99 |
| 2001 | 246,581.0 | 28,613.0 | 275,194 | -14.49 |
| 2002 | 254,589.0 | 28,334.0 | 282,923 | 2.81 |
| 2003 | 261,206.0 | 28,086.0 | 289,292 | 2.25 |
| 2004 | 264,246.0 | 31,002.0 | 295,248 | 2.06 |
| 2005 | 274,301.0 | 34,756.0 | 309,057 | 4.68 |
| 2006 | 282,766.0 | 39,618.0 | 322,384 | 4.31 |
| 2007 | 306,799.0 | 44,222.0 | 351,021 | 8.88 |
| 2008 | 253,982.0 | 39,269.0 | 293,251 | -16.46 |
| 2009 | 213,408.0 | 27,432.0 | 240,840 | -17.87 |
| 2010 | 289,684.0 | 37,932.0 | 327,616 | 36.03 |
| 2011 | 304,984.0 | 46,401.0 | 351,385 | 7.26 |
| 2012 | 279,899.0 | 39,346.0 | 319,245 | -9.15 |
| 2013 | 269,588.0 | 39,338.0 | 308,926 | -3.23 |
| 2014 | 303,948.0 | 41,935.0 | 345,883 | 11.96 |
| 2015 | 345,108.0 | 44,799.0 | 389,907 | 12.73 |
| 2016 | 372,319.0 | 51,669.0 | 423,988 | 8.74 |
| 2017 | 379,393.0 | 55,390.0 | 434,783 | 2.55 |
| 2018 | 353,729.0 | 56,628.0 | 410,357 | -5.62 |
| 2019 | 356,036.0 | 53,816.0 | 409,852 | -0.12 |
| 2020 | 292,024.0 | 31,015.0 | 323,039 | -21.18 |
Sweden New Motor Vehicle Sales Chart
Sources: Manufacturers, ANDC, JATO Dynamics.
