The national passenger road transport by passenger cars in Turkey has shown a varied pattern over the years. From 2013 to 2023, there was a strong start with steady year-on-year growth, peaking in 2015 and 2016. However, the trend faced a significant dip in 2020 with a 14.85% decrease, likely due to the global pandemic effects. Recovery was quick, with a sharp 17.29% increase in 2021. By 2023, the sector stabilized, registering a modest 2.27% growth, reaching 258.16 Billion Passenger Kilometers.
Looking forward, from 2024 onwards, the forecast indicates a moderate but consistent growth trend. The Compound Annual Growth Rate (CAGR) for the next five years is projected to be 1.74%, showing a steady increase in passenger road transport by passenger cars, reaching 287.34 Billion Passenger Kilometers by 2028.
Future trends to watch for include:
- Impact of evolving electric vehicle adoption in Turkey.
- Changes in passenger behavior post-pandemic.
- Potential economic factors influencing road transport usage.
- Infrastructure improvements and government policies impacting road transport.
