The road passenger transport movements by passenger cars in Spain show notable fluctuations from 2013 to 2023, with values initially declining from 316.54 billion PKM to 308.7 billion PKM in 2014. This downward trend reverses with fluctuations, reaching 342.01 billion PKM in 2019. The pandemic year of 2020 caused a significant drop of 22.36% to 265.54 billion PKM but quickly recovered in 2021 and 2022 with growth of 20.03% and 3.67%, respectively. By 2023, it stood at 349.69 billion PKM, marking a 5.84% YoY growth with a 0.53% CAGR over the last five years.
Future trends to watch for include:
- Continuous moderate growth, with forecasted values reaching 368.2 billion PKM by 2028.
- A forecasted 5-year CAGR of 0.82%, indicating gradual recovery post-pandemic.
- Potential impacts of rising fuel costs and urban mobility policies on passenger car usage.
- Increasing adoption of electric vehicles which could influence overall passenger kilometers.
- Technological advancements in autonomous vehicles and their integration into the transport system.