The volume of road traffic in Spain has seen varied trends over the past years. From 6.85 million units per vehicle in 2013, it climbed to 7.2 in 2017. However, in 2020, it dropped significantly to 5.48 million units due to the impact of the pandemic, recovering in 2021 to 6.66 million units and reaching 7.11 million units in 2023. This represents a year-on-year growth rate of 4.83% in 2023.
The expected forecast for the next five years shows a stabilization around 7.12 million units through 2028, with a forecasted five-year CAGR of 0.01%. This suggests a slow but steady trend.
Future trends to watch for include the impact of advancing vehicle technology, regulatory changes, and shifts in transportation preferences which could influence road traffic volumes.
