Forecast: Road Passenger Transport Movements in Australia

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.

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