Turkey - Public-Transport Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBus Price in Turkey - 2023
Contents:
- Bus Price in Turkey (FOB) - 2023
- Bus Price in Turkey (CIF) - 2023
- Bus Exports in Turkey
- Bus Imports in Turkey
Bus Price in Turkey (FOB) - 2023
The average bus export price stood at $116K per unit in July 2023, shrinking by -16.1% against the previous month. Over the period from September 2022 to July 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 22% month-to-month. The export price peaked at $158K per unit in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($137K per unit), while the average price for exports to Mexico ($56,209 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Bus Price in Turkey (CIF) - 2023
In July 2023, the average bus import price amounted to $32,199 per unit, waning by -11.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 20% against the previous month. The import price peaked at $53,685 per unit in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($97,742 per unit), while the price for France ($5,607 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Bus Exports in Turkey
In 2022, shipments abroad of public-transport type passenger motor vehicles increased by 26% to 15K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt curtailment. Over the period under review, the exports hit record highs at 22K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bus exports surged to $1.5B in 2022. Over the period under review, exports, however, recorded a deep slump. Over the period under review, the exports reached the peak figure at $2.1B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Bus in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 335 | 286 | 333 | 310 | -2.6% |
Germany | 314 | 265 | 169 | 163 | -19.6% |
Italy | 247 | 132 | 85.3 | 145 | -16.3% |
Portugal | 18.3 | 13.5 | 28.6 | 100 | 76.1% |
Hungary | 27.3 | 41.2 | 55.9 | 69.3 | 36.4% |
Israel | 34.5 | 35.9 | 84.9 | 68.6 | 25.7% |
United Kingdom | 85.5 | 39.4 | 26.6 | 54.3 | -14.0% |
Spain | 87.6 | 38.4 | 13.9 | 49.4 | -17.4% |
Romania | 136 | 23.0 | 34.4 | 48.4 | -29.1% |
Azerbaijan | 69.2 | 27.3 | 37.3 | 47.6 | -11.7% |
Czech Republic | 25.6 | 37.0 | 18.2 | 37.4 | 13.5% |
Serbia | 31.6 | 27.1 | 31.8 | 35.7 | 4.2% |
Poland | 54.6 | 37.3 | 7.6 | 35.5 | -13.4% |
Others | 592 | 533 | 344 | 319 | -18.6% |
Total | 2,059 | 1,536 | 1,270 | 1,484 | -10.3% |
Top Export Markets for Bus from Turkey in 2022:
- France (3.2K units)
- Italy (1.4K units)
- Germany (1.4K units)
- Portugal (1.0K units)
- United Kingdom (0.7K units)
- Israel (0.6K units)
- Hungary (0.6K units)
- Spain (0.5K units)
- Romania (0.4K units)
- Czech Republic (0.4K units)
- Poland (0.4K units)
- Serbia (0.4K units)
- Azerbaijan (0.4K units)
Bus Imports in Turkey
In 2022, purchases abroad of public-transport type passenger motor vehicles decreased by -26.9% to 435 units, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 110% against the previous year. As a result, imports reached the peak of 1.4K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, bus imports contracted to $42M in 2022. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 65%. As a result, imports attained the peak of $98M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Bus in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 29.0 | 57.1 | 24.1 | 31.5 | 2.8% |
Portugal | N/A | 1.2 | 1.1 | 4.7 | 97.9% |
Spain | N/A | 0.9 | N/A | 1.5 | 29.1% |
France | 3.3 | 0.8 | N/A | 1.2 | -28.6% |
Poland | 14.9 | 28.0 | 11.5 | 0.9 | -60.8% |
Japan | 4.6 | 2.5 | 1.1 | 0.3 | -59.7% |
South Korea | 1.0 | 1.5 | 7.4 | N/A | 172.0% |
United Arab Emirates | 2.4 | 2.1 | 2.4 | N/A | 0.0% |
Others | 4.2 | 4.1 | 0.3 | 2.3 | -18.2% |
Total | 59.5 | 98.3 | 48.0 | 42.4 | -10.7% |
Top Suppliers of Bus to Turkey in 2022:
- Germany (351.0 units)
- Portugal (25.0 units)
- Spain (20.0 units)
- France (10.0 units)
- Poland (6.0 units)
- Japan (3.0 units)
This report provides an in-depth analysis of the bus market in Turkey. 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 2030.
Product coverage:
- Prodcom 29103000 - Motor vehicles for the transport of . .10 persons
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the bus market in Turkey.
This report provides an in-depth analysis of the global bus market.
This report provides an in-depth analysis of the bus market in Turkey.
This report provides an in-depth analysis of the global bus market.
During the review period, Bus exports peaked in December 2023, with a notable increase in value reaching $291M.
Discover the leading countries in the import market for buses and the key statistics behind their import activities. Learn how these countries drive the demand for sustainable transportation solutions through bus imports.
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
During the review period, Bus exports peaked in December 2023, with a notable increase in value reaching $291M.
Discover the leading countries in the import market for buses and the key statistics behind their import activities. Learn how these countries drive the demand for sustainable transportation solutions through bus imports.
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...