The Australian road passenger transport movements by passenger cars experienced a general upward trend from 2013 to 2018, peaking in 2018 with 282.96 billion passenger kilometers. This growth was followed by a slight dip in 2019 and a significant decline in 2020 due to external factors such as the global pandemic, causing the figure to drop to 260.81 billion passenger kilometers. The trend of decline continued through 2022, reaching 252.21 billion passenger kilometers, and further decreased to 247.81 billion passenger kilometers in 2023, marking a -1.75% change year-on-year. The Compound Annual Growth Rate (CAGR) over the last 5 years from 2018 to 2023 stands at -2.62%.
Over the forecast period from 2024 to 2028, the projected figures continue to show a decline, with a 5-year CAGR forecast of -1.62%, culminating in a predicted value of 223.84 billion passenger kilometers by 2028. This anticipated trend suggests a further reduction by approximately 7.85% over the forecast period.
Future trends to watch for include the increased adoption of alternative modes of transport, shifts in public transportation usage, advancements in autonomous vehicles, and potential policy changes aimed at reducing carbon emissions. Monitoring these factors will be essential for understanding the long-term trajectory of road passenger transport movements by passenger cars in Australia.
