Croatia: Bus Market Overview 2020

Bus Market Size in Croatia

The revenue of the bus market in Croatia amounted to $X in 2018, going up by X% against the previous year. Overall, bus consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. Bus consumption peaked at $X in 2009; however, from 2010 to 2018, consumption failed to regain its momentum.

Bus Production in Croatia

In value terms, bus production totaled $X in 2018 estimated in export prices. In general, bus production continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2015 when production volume increased by X% y-o-y. Bus production peaked in 2018 and is expected to retain its growth in the immediate term.

Bus Exports

Exports from Croatia

In 2018, approx. X units of public-transport type passenger motor vehicles were exported from Croatia; rising by X% against the previous year. Over the period under review, bus exports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, bus exports totaled $X in 2018. Over the period under review, bus exports continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Bosnia and Herzegovina (X units), Serbia (X units) and Italy (X units) were the main destinations of bus exports from Croatia, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bus exported from Croatia were Germany ($X), Austria ($X) and Bosnia and Herzegovina ($X), together accounting for X% of total exports.

Bosnia and Herzegovina (+X% per year) recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bus export price stood at $X per unit in 2018, increasing by X% against the previous year. In general, the bus export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2018 an increase of X% year-to-year. In that year, the average export prices for public-transport type passenger motor vehicles reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per unit), while the average price for exports to Afghanistan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Bus Imports

Imports into Croatia

In 2018, the amount of public-transport type passenger motor vehicles imported into Croatia amounted to X units, rising by X% against the previous year. In general, bus imports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. In that year, bus imports reached their peak of X units. From 2016 to 2018, the growth of bus imports failed to regain its momentum.

In value terms, bus imports stood at $X in 2018. In general, bus imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, bus imports reached their peak figure at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Germany (X units) constituted the largest bus supplier to Croatia, accounting for a X% share of total imports. Moreover, bus imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. The Czech Republic (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and the Czech Republic (+X% per year).

In value terms, the largest bus suppliers to Croatia were Germany ($X), Turkey ($X) and the Czech Republic ($X), together comprising X% of total imports.

The Czech Republic experienced the highest rates of growth with regard to imports, among the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bus import price stood at $X per unit in 2018, jumping by X% against the previous year. Overall, the bus import price, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Poland ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform