Croatia: Bus Market Overview 2021

Bus Market Size in Croatia

The Croatian bus market totaled $X in 2019, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a noticeable downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.

Bus Exports

Exports from Croatia

In 2019, bus exports from Croatia amounted to X units, picking up by X% on 2018. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2019 and are likely to see steady growth in years to come.

In value terms, bus exports surged to $X in 2019. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are likely to see gradual growth in the near future.

Exports by Country

Bosnia and Herzegovina (X units), Bulgaria (X units) and Italy (X units) were the main destinations of bus exports from Croatia, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Italy ($X) and Slovenia ($X) constituted the largest markets for bus exported from Croatia worldwide, together comprising X% of total exports.

Italy (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average bus export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum in 2019 and is likely to continue growth in the immediate term.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Bus Imports

Imports into Croatia

Bus imports into Croatia stood at X units in 2019, increasing by X% against the year before. In general, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. As a result, imports reached the peak of X units. From 2010 to 2019, the growth imports remained at a lower figure.

In value terms, bus imports skyrocketed to $X in 2019. Over the period under review, imports, however, showed a noticeable expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Germany (X units) constituted the largest bus supplier to Croatia, with a X% share of total imports. Moreover, bus imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. The Czech Republic (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Germany amounted to -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), with a combined X% share of total imports.

The Czech Republic saw 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 more modest paces of growth.

Import Prices by Country

In 2019, the average bus import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price posted a strong increase. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. The import price peaked in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Poland ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2019, 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

Frequently Asked Questions (FAQ) :

What are the largest markets for public-transport type passenger motor vehicles in the world?

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China (152K units) remains the largest bus consuming country worldwide, comprising approx. 18% of total volume. Moreover, bus consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (73K units), twofold. The third position in this ranking was occupied by Turkey (61K units), with a 7.2% share.

What are the largest producers of public-transport type passenger motor vehicles in the world?

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China (202K units) remains the largest bus producing country worldwide, accounting for 26% of total volume. Moreover, bus production in China exceeded the figures recorded by the second-largest producer, the U.S. (85K units), twofold. Turkey (80K units) ranked third in terms of total production with a 10% share.

What are the leading suppliers of public-transport type passenger motor vehicles to Croatia?

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In value terms, the largest bus suppliers to Croatia were Germany ($30M), Turkey ($25M) and the Czech Republic ($12M), together comprising 75% of total imports.

What are the leading importers of public-transport type passenger motor vehicles from Croatia?

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In value terms, the largest markets for bus exported from Croatia were Bosnia and Herzegovina ($3.5M), Italy ($2.8M) and Slovenia ($1.6M), with a combined 55% share of total exports.

What is the average export price for public-transport type passenger motor vehicles in Croatia?

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The average bus export price stood at $127,505 per unit in 2019, increasing by 37% against the previous year.

What is the average import price for public-transport type passenger motor vehicles in Croatia?

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In 2019, the average bus import price amounted to $200,500 per unit, increasing by 19% against the previous year.