Italian National Railway Passenger Traffic experienced consistent growth from 2013 to 2019, reaching 55.21 billion passenger kilometers. The substantial downturn occurred in 2020 due to the COVID-19 pandemic, with a remarkable 43.13% drop. Recovery was swift in 2021 with a surge of 72.18%. By 2023, the value stood at 58.53 billion passenger kilometers, showing a 1.39% year-on-year increase. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 1.31%. Forecasts suggest continued but moderate growth with a 1.11% CAGR until 2028, cumulatively resulting in a 5.66% rise.
Future trends to watch for include:
- Technological advancements in railway systems that could drive efficiency improvements and passenger satisfaction.
- Policy changes and environmental regulations promoting sustainable transportation, possibly enhancing railway attractiveness over other options.
- Potential economic fluctuations or pandemics impacting travel behavior and passenger traffic.
- Infrastructure investments, including high-speed rail expansions, which could boost long-term passenger traffic.