The international railway passenger traffic in Italy has seen significant fluctuations over the past decade. The values peaked at 806.0 million passenger kilometers in 2013, followed by a downward trend through 2016. A brief recovery was observed between 2017 and 2019. The COVID-19 pandemic led to a dramatic plunge in 2020 with only 189.0 million passenger kilometers. Recovery started in 2021, and traffic nearly rebounded to pre-pandemic levels in 2022. However, 2023 marked another decline, with passenger kilometers dropping by 40.63% from the previous year. The market stood at 450.0 million passenger kilometers in 2023.
Key trends over the last two years show a recovery phase post-pandemic followed by a sharp decline in 2023. Looking at the long term, the past 5-year CAGR is -7.15%. The forecasted period from 2024 to 2028 indicates a gradual decline, with a forecasted 5-year CAGR of -1.64% and a total decrease of 7.94%.
Future trends to watch for include:
- The impact of any new public health policies or the absence of travel restrictions post-pandemic.
- Technological advancements in railway infrastructure and service improvements.
- Shifts in consumer travel preferences and environmental considerations driving demand for rail travel.
