The production value of urban and suburban passenger land transport in Poland exhibited fluctuating growth from 2013 to 2023. Starting at 2.01 billion Euros in 2013, the sector experienced notable growth spurts, particularly in 2015 (7.12%) and 2017 (9.92%). However, 2016 and 2020 saw declines of -5.18% and -6.43%, respectively, influenced by external factors like economic shifts and the COVID-19 pandemic. By 2023, the value stood at 2.81 billion Euros, marking a year-on-year growth of 2.84%. The 5-year CAGR leading up to 2023 was 2.25%, reflecting moderate annual growth.
Looking ahead, the forecasted values suggest a steady uptrend, with an anticipated 5-year CAGR of 1.86% through to 2028 and an overall growth rate of 9.63%. This indicates continued, albeit slower, growth in the sector.
Future trends to watch for include:
- Technological advancements in transport services.
- Government policies impacting urban transit.
- Shift towards eco-friendly and sustainable transportation options.
- Impact of urbanization on transportation infrastructure demands.
