Austria: Bus Market 2024

Bus Market Size in Austria

For the third year in a row, the Austrian bus market recorded growth in sales value, which increased by X% to $X in 2023. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market failed to regain momentum.

Bus Production in Austria

In value terms, bus production soared to $X in 2023 estimated in export price. Over the period under review, production saw a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Bus production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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Bus Exports

Exports from Austria

After two years of decline, shipments abroad of public-transport passenger motor vehicles increased by X% to X units in 2023. Overall, total exports indicated a resilient increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020; afterwards, it flattened through to 2023.

In value terms, bus exports soared to $X in 2023. Over the period under review, exports recorded a strong expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X units), Greece (X units) and Poland (X units) were the main destinations of bus exports from Austria, with a combined X% share of total exports. Serbia, Croatia, Slovenia, Bosnia and Herzegovina, Bulgaria, Luxembourg, Italy, Romania, Hungary and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Croatia ($X) were the largest markets for bus exported from Austria worldwide, together comprising X% of total exports. Serbia, Luxembourg, Greece, Italy, Slovenia, Romania, Bosnia and Herzegovina, Bulgaria, Hungary and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Luxembourg, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bus export price stood at $X per unit in 2023, growing by X% against the previous year. Overall, the export price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bus Imports

Imports into Austria

In 2023, approx. X units of public-transport passenger motor vehicles were imported into Austria; shrinking by X% on the previous year. In general, imports, however, continue to indicate a modest expansion. The pace of growth was the most pronounced in 2022 with an increase of X%. Imports peaked at X units in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, bus imports surged to $X in 2023. Overall, total imports indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2023, imports failed to regain momentum.

Imports by Country

Germany (X units), Turkey (X units) and Slovenia (X units) were the main suppliers of bus imports to Austria, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest bus suppliers to Austria were Turkey ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports. Slovenia and the Czech Republic lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average bus import price stood at $X per unit in 2023, growing by X% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform