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Hungary - Public-Transport Type Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Bus Market Overview 2021

Bus Market Size in Hungary

In 2019, the Hungarian bus market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. In general, consumption, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2016 to 2019, the growth of the market remained at a somewhat lower figure.

Bus Production in Hungary

In value terms, bus production skyrocketed to $X in 2019 estimated in export prices. In general, production showed perceptible growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Bus production peaked in 2019 and is expected to retain growth in the near future.

Bus Exports

Exports from Hungary

For the third year in a row, Hungary recorded decline in shipments abroad of public-transport type passenger motor vehicles, which decreased by -X% to X units in 2019. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports attained the peak of X units. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, bus exports expanded to $X in 2019. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

Exports by Country

Slovakia (X units), Romania (X units) and the Netherlands (X units) were the main destinations of bus exports from Hungary, with a combined X% share of total exports. These countries were followed by Germany, France, Greece and Estonia, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Romania ($X) and the Netherlands ($X) appeared to be the largest markets for bus exported from Hungary worldwide, with a combined X% share of total exports. These countries were followed by Germany, Greece, Estonia and France, which together accounted for a further X the main countries of destination, France (+X% per year) recorded 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

In 2019, the average bus export price amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2010 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Greece ($X per unit), while the average price for exports to France ($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 Germany, while the prices for the other major destinations experienced more modest paces of growth.

Bus Imports

Imports into Hungary

In 2019, after two years of growth, there was significant decline in overseas purchases of public-transport type passenger motor vehicles, when their volume decreased by -X% to X units. Over the period under review, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, bus imports dropped markedly to $X in 2019. In general, imports saw modest growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2019, the growth imports failed to regain the momentum.

Imports by Country

Turkey (X units), Slovenia (X units) and Poland (X units) were the main suppliers of bus imports to Hungary, with a combined X% share of total imports. These countries were followed by Germany, France, Switzerland and Serbia, which together accounted for a further X 2007 to 2019, the biggest increases were in Serbia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

From 2007 to 2019, the average annual growth rate of value from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2019, the average bus import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price posted a pronounced increase. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. Over the period under review, average import prices hit record highs 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 Turkey ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, 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?
+
China (152K units) constituted the country with the largest volume of bus consumption, accounting for 18% of total volume. Moreover, bus consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (73K units), twofold. Turkey (61K units) ranked third in terms of total consumption with a 7.2% share.
What are the largest producers of public-transport type passenger motor vehicles in the world?
+
China (202K units) constituted the country with the largest volume of bus production, comprising approx. 26% of total volume. Moreover, bus production in China exceeded the figures recorded by the second-largest producer, the U.S. (85K units), twofold. The third position in this ranking was occupied by Turkey (80K units), with a 10% share.
What are the leading suppliers of public-transport type passenger motor vehicles to Hungary?
+
In value terms, Turkey ($38M) constituted the largest supplier of bus to Hungary, comprising 52% of total imports. The second position in the ranking was occupied by Poland ($15M), with a 20% share of total imports. It was followed by Germany, with a 15% share.
What are the leading importers of public-transport type passenger motor vehicles from Hungary?
+
In value terms, the largest markets for bus exported from Hungary were Slovakia ($906K), Romania ($903K) and the Netherlands ($704K), with a combined 78% share of total exports. Germany, Greece, Estonia and France lagged somewhat behind, together accounting for a further 15%.
What is the average export price for public-transport type passenger motor vehicles in Hungary?
+
The average bus export price stood at $105,460 per unit in 2019, with an increase of 19% against the previous year.
What is the average import price for public-transport type passenger motor vehicles in Hungary?
+
In 2019, the average bus import price amounted to $122,811 per unit, rising by 11% against the previous year.

Product coverage:
• Prodcom 29103000 - Motor vehicles for the transport of . .10 persons

This report provides an in-depth analysis of the bus market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Hungary

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hungary
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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