From 2013 to 2023, the market for first registrations of brand new goods vehicles in Italy has experienced fluctuation. In 2013, the value stood at 1.64 Units Per Thousand Persons, declining by 14.83% year-on-year. The period between 2014 and 2015 saw modest growth, 17.04% and 12.36% respectively, followed by a significant spike of 52.29% in 2016. However, the market then experienced minor fluctuations, with contractions and expansions leading to a value of 3.12 in 2023, representing a 3.37% year-on-year increase.

For the near future (2024 onwards), the forecasted figures suggest stability, with the value plateauing at 3.12 Units Per Thousand Persons through to 2028. The forecasted 5-year CAGR is minimal at 0.01%, indicating stagnation.

Key trends to watch:

Potential shifts in environmental regulations impacting vehicle registrations
Economic factors such as inflation and GDP growth affecting purchasing power
Advancements in alternative fuel technologies potentially altering market demand