The analysis of Turkey's railway passenger traffic, measured in Billion Passenger Kilometers, displays varying trends over the years. From a significant decline in 2013 to a peak in 2018, we observed fluctuations with both rises and drops influenced by multiple factors. Post-2019, passenger traffic witnessed a substantial dip in 2020, attributable to the pandemic, followed by a sharp recovery in 2021 and steady growth thereafter. By 2023, the traffic value stood at 5.36 Billion Passenger Kilometers. The last two years saw an average year-on-year variation of around 3%.
Future trends to watch for include:
- Incremental annual growth, with forecast suggesting a 0.42% CAGR over the next five years.
- Potential impacts from technological advancements and infrastructural developments on railway efficiency.
- Shifting passenger preferences towards greener transportation modes, potentially benefiting railway usage.