26.04.2022
First registrations, fleet, age, expenditure and tax revenue
With + 10.1% of first vehicle registrations and + 5.4% of passenger cars (1,520,000 units, compared to 1,440,000 in 2020), the 2021 car market shows a slight recovery, after the crisis in which it was precipitated due to COVID19 reaching, in 2020, the lowest level in the last 20 years. Levels still very far away, both from the years of greatest development in the sector – when the first registrations to the PRA exceeded 2 million units – and compared to the three-year period 2017-19, when approximately 1,900,000 registrations / year are observed.
These are the main information obtained from the ACI Statistical Yearbook 2022, available from today on www.aci.it/laci/studi-e-ricerche/dati-e-statistiche.html.
Replacement market: only 29,000 more cars in 2021
672 cars per 1000 inhabitants The car market is increasingly becoming a replacement market. In fact, in 2021, cars on the road grew by only 29 thousand units. A picture probably due to the fact that the saturation point has almost been reached. The car / resident population ratio is, in fact, equal to 672 cars x 1000 inhabitants. If, on the other hand, we consider the vehicles as a whole, the ratio rises to 897 vehicles per 1,000 inhabitants (both values up compared to 2020). The two indices are the highest in Europe.
Priority: rejuvenate the park
Median car age 12.2 years; 7.2 million cars are 19 years old It is urgent to modernize the fleet. In fact, in 2021, the median age of cars is 12 years and 2 months (4 months more than in 2020). The 0-1-2 euros (who are at least 19 years old) are 7,232,410, just under 1 in 5 (about 18% of the total); wrecks – 1,491,282 – have a median age of 17 years and 5 months (5 months more than 2020).
Spending on cars grew (+ 16%): 144 billion = 20 more than in 2020
Average annual expenditure: € 3,600 Spending on cars grows (+ 16.2%), which, in 2021, slightly exceeds 144 billion euro: about 20 billion more than in 2020. The largest expenditure (41 billion) it is represented by purchase and depreciation, up by (9.1%). This is followed by fuel (39bn) – which recorded the greatest increase: + 33.3% – and maintenance and repairs (25bn), which increased by 17.4%. In 2021, the average cost incurred to use the car was about 3,600 euros, up by about 500 euros (+ 15.9%) compared to 2020.
Tax revenues grow (+ 17%): 62 billion = 20 more than in 2020
The tax component also increased, which produced a total revenue of just under 62 billion euros (+ 17% compared to 2020). In this context, the largest income for the Treasury is still that derived from the sale of fuels (34.7 billion); followed by VAT for the purchase of vehicles (7.4bn) and vehicle tax (6.5bn).