Australia and Oceania: Bus Market 2024

Bus Market Size in Australia and Oceania

In 2023, the bus market in Australia and Oceania increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption, however, saw a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Bus Production in Australia and Oceania

In value terms, bus production fell to $X in 2023 estimated in export price. Overall, production continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2022 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Bus Exports

Exports in Australia and Oceania

In 2023, approx. X units of public-transport passenger motor vehicles were exported in Australia and Oceania; reducing by X% compared with the previous year's figure. Over the period under review, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The volume of export peaked at X units in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, bus exports contracted remarkably to $X in 2023. In general, exports saw a mild reduction. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, reaching X units, which was near X% of total exports in 2023. Fiji (X units) took the second position in the ranking, followed by New Zealand (X units). All these countries together took near X% share of total exports. Guam (X units) held a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to bus exports from Australia stood at X%. Fiji experienced a relatively flat trend pattern. Guam (X%) and New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) and Fiji (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of New Zealand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) emerged as the largest bus supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports. It was followed by Fiji, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Australia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per unit, which is down by X% against the previous year. Export price indicated a pronounced 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. Based on 2023 figures, bus export price increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Guam ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the export price figures.

Bus Imports

Imports in Australia and Oceania

In 2023, the amount of public-transport passenger motor vehicles imported in Australia and Oceania surged to X units, rising by X% against the previous year. Over the period under review, imports, however, faced a abrupt decline. The volume of import peaked at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, bus imports skyrocketed to $X in 2023. In general, imports, however, recorded a perceptible slump. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Australia (X units) was the major importer of public-transport passenger motor vehicles, generating X% of total imports. It was distantly followed by New Zealand (X units), achieving a X% share of total imports. The following importers - Fiji (X units) and Papua New Guinea (X units) - each amounted to a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to bus imports into Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, Fiji (X%) and Papua New Guinea (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of New Zealand and Fiji increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported public-transport passenger motor vehicles in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per unit, growing by X% against the previous year. Overall, the import price recorded buoyant growth. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, import prices reached the maximum in 2023 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform