The Diesel Automotive market (with engines between 1500 and 2500cc) in Italy showed substantial fluctuations from 2013 to 2023, rising from $725.88 to $1040 per capita in 2023. After a peak in 2017, the market declined slightly before rebounding, despite a drop in 2020. This recent growth culminated with a 0.97% increase from 2022 to 2023. Evaluating the past five years, the compound annual growth rate (CAGR) for this market segment stands at 1.44%, indicating a modest yet consistent growth trajectory.
Future trends to watch include the impact of environmental policies on diesel technology, potential shifts towards electric vehicles, and Italy's recovery from any lingering effects of the pandemic that may drive further market changes in consumer preferences and economic conditions.
| # | 13 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,040 | 2023 | |||
| 2 | 2 Germany | 806.73 | 2023 | View data | ||
| 3 | 3 Spain | 751.75 | 2023 | View data | ||
| 4 | 4 Denmark | 678.82 | 2023 | View data | ||
| 5 | 5 France | 657.49 | 2023 | View data | ||
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