The road passenger transport movements by buses and coaches in Spain have shown significant fluctuations from 2013 to 2023, with the value standing at 24.08 Billion Passenger Kilometers in 2023. Significant year-on-year variations are evident, with the highest drop observed in 2020 (-43.07%) largely due to the COVID-19 pandemic. Despite a temporary recovery in 2021 (+56.81%), the trend has remained negative, with consecutive decreases observed in 2022 (-15.42%) and 2023 (-4.08%). The 5-year CAGR from 2018 to 2023 stood at -5.64%, reflecting an overall decline in passenger transport movements.
Looking ahead, the forecast from 2024 to 2028 indicates a continued sharp decline, with the annual passenger kilometers expected to drop to 7.63 by 2028. This corresponds to a forecasted 5-year CAGR of -18.11%, suggesting an average annual decrease of 18.11% and an overall reduction of 63.18% over the period.
Future trends to watch for include:
- The impact of economic factors such as fuel prices and public transport funding on passenger volume.
- Technological advancements and shifts towards sustainable transport options reducing the reliance on buses and coaches.
- Changing demographics and urbanization patterns influencing transport demand.
- Potential policy interventions aimed at boosting public transport usage.