The forecast for first registrations of brand new goods vehicles in Italy shows a declining trend from 2024 to 2028. The values indicate a gradual decrease in registrations per thousand USD of GDP, starting from 87 in 2024 to 82 in 2028. Given the absence of 2023 data, variations from that year to 2024 cannot be calculated. However, the year-on-year decline between 2024 and 2028 averages around a 1.5% decrease annually. The compound annual growth rate (CAGR) over this five-year period shows a subtle negative trend, indicating a contracting market for new goods vehicle registrations.
Future trends to monitor include:
- Economic Growth: Revival in GDP may reverse decreasing registration trends.
- Regulatory Changes: New policies on emissions and fuel efficiency can impact vehicle demand.
- Technological Advancements: Emergence of electric or autonomous goods vehicles could alter registration patterns.
- Market Competition: Influence of both domestic and international manufacturers in the goods vehicle market.
