From 2013 to 2019, road passenger transport movements in Australia exhibited a gradual increase, peaking in 2018 at 304.71 Billion Passenger Kilometers. However, in subsequent years, a decline was observed, significantly accelerated by the COVID-19 pandemic in 2020, leading to a persistent downward trend. The value stood at 257.26 Billion Passenger Kilometers in 2023, reflecting a steep decline. The 2022-2023 year-on-year variation is -2.64%, and the five-year CAGR leading up to 2023 is -3.33%.
Future trends to watch for:
- A continuous decline forecasted, with values potentially dropping to 222.62 Billion Passenger Kilometers by 2028.
- An average annual reduction of -2.31% in the next five years.
- Potential impacts include further adoption of remote work, changes in urban mobility habits, and advancements in alternative transport technologies.