From 2013 to 2023, first registrations of new goods vehicles in Italy showed fluctuations, with significant peaks and troughs. The starting point in 2013 saw 98.85 thousand registrations, which increased dramatically by 2016 to 199.26 thousand registrations. However, 2017 onwards recorded some declines and rebounds but notably came to 167.34 thousand registrations in 2023. The year-on-year variations highlight a sharp increase in 2016 by 52.04%, followed by varied drops and recoveries, including a 2.47% rise in 2023. The five-year compound annual growth rate (CAGR) leading up to 2023 was -1.37%.
Analysis suggests that from 2024 onwards, trends appear more stable with modest upward projections. The five-year forecast indicates an annual growth rate of 1.07%, predicting an approximately 5.45% growth in registrations by 2028, which aligns with gradual economic recovery and market stabilization.
Future trends to watch:
- Economic policies impacting commercial vehicle investments
- Technological advancements enhancing the utility of new goods vehicles
- Shifts in logistics and e-commerce driving demand
- Environmental regulations influencing vehicle types and registrations
