The internal tourism consumption of passenger transport services in Spain has experienced significant fluctuations over the years. In 2023, the consumption stood at 14.43 billion euros. From 2016 to 2019, there was a consistent upward trend, peaking at 17.87 billion euros in 2019. However, the COVID-19 pandemic caused a severe drop in 2020, plummeting to 6.12 billion euros, a decrease of 65.72% from the previous year. Recovery began in 2021, though the consumption levels have yet to return to pre-pandemic values. By 2023, the year-on-year variation showed a positive 12.57%, but projections indicate a gradual decline, with a 5-year CAGR forecast of -1.87% leading to 12.84 billion euros by 2028, representing a total decline of 8.99% over the forecast period.
Future trends to watch for include:
- The impact of macroeconomic factors, such as inflation and fuel prices, on travel behavior.
- Shifts in consumer preferences towards sustainable and eco-friendly transport options.
- Technological advancements in transport services that could influence consumption patterns.
- Potential policy changes and travel regulations that might affect tourism dynamics.
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