Greece: Bus Market 2024

Bus Market Size in Greece

The Greek bus market fell dramatically to $X in 2022, waning by X% against the previous year. Overall, consumption saw a pronounced curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Bus Production in Greece

In value terms, bus production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Bus Exports

Exports from Greece

Bus exports from Greece surged to X units in 2022, with an increase of X% compared with the previous year. Overall, exports, however, showed a pronounced decline. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bus exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Afghanistan (X units) was the main destination for bus exports from Greece, with a X% share of total exports. Moreover, bus exports to Afghanistan exceeded the volume sent to the second major destination, Germany (X units), fourfold. Albania (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Afghanistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Albania (X% per year).

In value terms, the largest markets for bus exported from Greece were Germany ($X), Afghanistan ($X) and Albania ($X), with a combined X% share of total exports. Turkey, Bulgaria, Jordan, Kazakhstan, Croatia, Georgia, Mali and Ukraine lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Turkey, 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 2022, declining by X% against the previous year. In general, the export price saw a deep contraction. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Mali ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bus Imports

Imports into Greece

In 2022, bus imports into Greece plummeted to X units, with a decrease of X% compared with 2021 figures. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, bus imports declined rapidly to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then reduced notably in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest bus supplier to Greece, 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. Bulgaria (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms 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 Bulgaria (X% per year).

In value terms, Germany ($X), Turkey ($X) and Bulgaria ($X) constituted the largest bus suppliers to Greece, with a combined X% share of total imports.

Turkey, with a CAGR of X%, 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 2022, the average bus import price amounted to $X per unit, dropping by X% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bus import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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