Austria: Bus Market Overview 2021

Bus Market Size in Austria

In 2020, the Austrian bus market decreased by -X% to $X, falling for the second year in a row after three years of growth. Overall, consumption saw a perceptible downturn. The growth pace was the most rapid in 2014 when the market value increased by X% y-o-y. Bus consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Bus Exports

Exports from Austria

In 2020, overseas shipments of public-transport type passenger motor vehicles decreased by -X% to X units, falling for the third year in a row after three years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. As a result, exports attained the peak of X units. From 2018 to 2020, the growth exports remained at a lower figure.

In value terms, bus exports declined dramatically to $X in 2020. In general, exports saw a pronounced downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2018 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for bus exports from Austria, accounting for a X% share of total exports. Moreover, bus exports to Germany exceeded the volume sent to the second major destination, Serbia (X units), sevenfold. The third position in this ranking was occupied by Italy (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+X% per year) and Italy (+X% per year).

In value terms, Germany ($X) remains the key foreign market for bus exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Serbia ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+X% per year) and Italy (+X% per year).

Export Prices by Country

The average bus export price stood at $X per unit in 2020, dropping by -X% against the previous year. Over the period under review, the export price showed a pronounced setback. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Latvia ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina, while the prices for the other major destinations experienced more modest paces of growth.

Bus Imports

Imports into Austria

In 2020, purchases abroad of public-transport type passenger motor vehicles decreased by -X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a perceptible downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, bus imports contracted dramatically to $X in 2020. Overall, imports recorded a mild setback. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Turkey (X units) and Poland (X units) were the main suppliers of bus imports to Austria, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of bus to Austria, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Poland (+X% per year).

Import Prices by Country

In 2020, the average bus import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform