The Italian diesel automotive market for vehicles with engines exceeding 1500cc and 2500cc saw fluctuations from 2013 to 2023. In 2023, the market size per capita stood at $67.93, indicating a modest recovery from the 2020 low of $55.76, which was a pandemic-induced trough. From 2022 to 2023, the market grew by 0.37%. The five-year Compound Annual Growth Rate (CAGR) from 2019 to 2023 was about 0.38% per annum, showing stability with slight growth in a market that seemed to have reached maturity.
Future trends to watch for include:
- The impact of transitioning to electric vehicles, potentially shrinking the market.
- Regulatory changes affecting diesel vehicle consumption and production.
- Technological advancements in diesel engines improving efficiency and longevity, which could maintain market interest.
| # | 18 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 223.61 | 2023 | View data | ||
| 2 | 2 Belgium | 187.03 | 2023 | View data | ||
| 3 | 3 Japan | 84.41 | 2023 | View data | ||
| 4 | 4 Montenegro | 80.04 | 2023 | View data | ||
| 5 | 5 Slovenia | 74.6 | 2023 | View data | ||
| 6 | 6 Italy | 67.93 | 2023 | |||
| 7 | 7 Finland | 65.62 | 2023 | View data | ||
| 8 | 8 Israel | 47.35 | 2023 | View data | ||
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