India - Public-Transport Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBus Price in India - 2023
Contents:
- Bus Price in India (FOB) - 2023
- Bus Price in India (CIF) - 2023
- Bus Exports in India
- Bus Imports in India
Bus Price in India (FOB) - 2023
The average bus export price stood at $32,301 per unit in July 2023, dropping by -3.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 21% against the previous month. As a result, the export price attained the peak level of $33,398 per unit, and then shrank modestly in the following month.
Average prices varied noticeably for the major overseas markets. In July 2023, the highest price was recorded for prices to Tanzania ($87,253 per unit) and the United Arab Emirates ($87,253 per unit), while the average price for exports to Saudi Arabia ($87,253 per unit) and Nepal ($87,253 per unit) were amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Bus Price in India (CIF) - 2023
In May 2023, the average bus import price amounted to $98,046 per unit, which is down by -72.9% against the previous month. Over the period under review, the import price, however, posted buoyant growth. The growth pace was the most rapid in April 2023 an increase of 464% against the previous month. As a result, import price reached the peak level of $362K per unit, and then shrank remarkably in the following month.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the countries with the highest prices were Germany ($87,146 per unit) and Thailand ($87,146 per unit), while the price for Australia ($79,038 per unit) and Japan ($79,038 per unit) were amongst the lowest.
From September 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bus Exports in India
In 2022, the amount of public-transport type passenger motor vehicles exported from India rose rapidly to 1.8K units, with an increase of 11% compared with 2021. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 109% against the previous year. Over the period under review, the exports reached the maximum at 2.4K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, bus exports skyrocketed to $134M in 2022. In general, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. Over the period under review, the exports hit record highs at $201M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Bus in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 21.1 | 21.1 | 32.5 | 36.8 | 20.4% |
| Saudi Arabia | 3.3 | 4.6 | 8.5 | 25.3 | 97.2% |
| Qatar | 4.2 | 6.6 | 23.7 | 24.9 | 81.0% |
| Nepal | 27.7 | 8.8 | 7.0 | 9.8 | -29.3% |
| Tanzania | 7.4 | 5.9 | 10.0 | 8.5 | 4.7% |
| Congo | 4.7 | 2.5 | 6.2 | 5.3 | 4.1% |
| Sri Lanka | 22.2 | 4.6 | N/A | 4.3 | -42.1% |
| Kuwait | 4.3 | 0.1 | 0.9 | 4.0 | -2.4% |
| Senegal | 13.2 | 2.8 | 0.9 | 2.4 | -43.3% |
| Cote d'Ivoire | 14.6 | 2.2 | 1.9 | 1.4 | -54.2% |
| Oman | 4.1 | 2.6 | 1.2 | 1.3 | -31.8% |
| Thailand | 15.1 | N/A | N/A | N/A | 0% |
| Bangladesh | 41.5 | 0.2 | 2.5 | N/A | -75.5% |
| Others | 17.4 | 8.5 | 9.7 | 10.1 | -16.6% |
| Total | 201 | 70.5 | 105 | 134 | -12.6% |
Top Export Markets for Bus from India in 2022:
- United Arab Emirates (503.0 units)
- Saudi Arabia (347.0 units)
- Qatar (342.0 units)
- Nepal (129.0 units)
- Tanzania (117.0 units)
- Congo (72.0 units)
- Sri Lanka (59.0 units)
- Kuwait (55.0 units)
- Senegal (34.0 units)
- Cote d'Ivoire (19.0 units)
- Oman (17.0 units)
- Bangladesh (1.0 units)
Bus Imports in India
In 2022, after two years of decline, there was significant growth in purchases abroad of public-transport type passenger motor vehicles, when their volume increased by 113% to 34 units. Over the period under review, imports, however, saw a precipitous descent. Over the period under review, imports hit record highs at 76 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, bus imports surged to $3.2M in 2022. In general, imports, however, recorded a abrupt descent. Imports peaked at $5.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Bus in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1,112 | 242 | 120 | 2,319 | 27.8% |
| South Africa | 116 | N/A | N/A | 296 | 36.7% |
| Germany | 6.8 | N/A | N/A | 215 | 216.2% |
| China | 1,028 | 184 | 16.3 | 186 | -43.4% |
| Japan | 68.6 | 284 | 60.5 | 91.4 | 10.0% |
| New Zealand | N/A | N/A | N/A | 86.5 | 0% |
| Thailand | 384 | 52.6 | N/A | 44.7 | -51.2% |
| United Arab Emirates | 2,374 | 1,386 | 576 | N/A | -50.7% |
| Netherlands | 641 | N/A | N/A | N/A | 0% |
| Others | 159 | 183 | 87.3 | N/A | -25.9% |
| Total | 5,888 | 2,331 | 860 | 3,239 | -18.1% |
Top Suppliers of Bus to India in 2022:
- Finland (24.0 units)
- Germany (3.0 units)
- South Africa (2.0 units)
- China (2.0 units)
- Japan (1.0 units)
- Thailand (1.0 units)
- New Zealand (1.0 units)
This report provides an in-depth analysis of the bus market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29103000 - Motor vehicles for the transport of . .10 persons
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the bus market in India.
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This report provides an in-depth analysis of the global bus market.
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This report provides an in-depth analysis of the bus market in India.
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This report provides an in-depth analysis of the global bus market.
74
Discover the leading countries in the import market for buses and the key statistics behind their import activities. Learn how these countries drive the demand for sustainable transportation solutions through bus imports.
837
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
676
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
74
Discover the leading countries in the import market for buses and the key statistics behind their import activities. Learn how these countries drive the demand for sustainable transportation solutions through bus imports.
837
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
676
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
