The national movements of passenger cars in Turkey have seen notable fluctuations over the past decade. The value for 2023 stands at 101.49 Billion Vehicle-Kilometers. From 2013 to 2019, there was consistent growth, with a notable dip in 2020 due to a -14.94% year-on-year variation likely impacted by global events. Recovery was observed in 2021 with a 17.17% increase, stabilizing growth through 2022 and 2023 with increases of 7.65% and 2.17%, respectively.
Analysis of long-term trends reveals a steady growth pattern, notwithstanding the disruptions in 2020. The 5-year CAGR from 2019 to 2023 is approximately 2.38%. Looking forward, forecast data predict a continued growth trend albeit at a lower 5-year CAGR of 1.68%, with an overall growth rate of 8.66% by 2028.
Future trends to watch for include the impact of evolving environmental regulations, adoption of electric vehicles, and economic factors which could influence nationwide car movement patterns. Keeping an eye on technological advancements and infrastructure developments will also be essential for accurate forecasting.
