Key Market Indicators
Korean bus imports are forecast to reach a value of $87.2 million by 2026, up 4% per year on average from 2021's figure of $67.7 million. Since 1993, the demand for Korean buses has grown by 24.1% annually. Korean bus exports, meanwhile, are expected to reach $611.6 million by 2026, a decrease of 1.7% per year on average from 2021's figure of $667.1 million. Since 1993, the country's supply of buses has decreased by 2.9% year on year. In 2021, the Czech Republic was the leading exporter of buses with $667.1 million, followed by China, Germany and Poland.
