Between 2013 and 2023, Italy's national railway passenger traffic experienced several variations in growth rates. The consistent growth from 2013 to 2016, followed by a minor dip in 2017, set a pattern of gradual increases until 2019. In 2020, there was a significant drop due to the pandemic, which rebounded strongly in 2021. Subsequently, from 2022 to 2023, the traffic has seen steady growth, standing at 956.95 Million Units in 2023.
The year-on-year variation in 2022 showed a strong growth of 6.96%, while 2023 grew by 1.55%. Reviewing the last five years, the CAGR is approximately 1.7%.
Forecasting into the future, from 2024 to 2028, the data suggests a growing trend in railway passenger traffic with a forecasted 5-year CAGR of 1.23% and an overall growth rate of 6.29% by 2028.
Future trends to watch for include:
- Improved intermodal connectivity enhancing rail usage.
- Adoption of sustainable practices and green initiatives in railways attracting more passengers.
- Technological advancements improving service quality and passenger experience.