Key Market Indicators
Demand for buses in Ukraine is expected to reach $69 million by 2026, growing at a compound annual growth rate (CAGR) of 1.7% from 2021 to 2026. Since 2001, demand for buses in Ukraine has grown 15% each year on average. In 2018, exports of buses from Ukraine totaled $5.1 million, a 325% increase from the previous year's figure of $1.2 million. Since 2001, exports of buses from Ukraine have decreased by 27% each year on average. Ukraine ranked 59th in the world in 2018, with Latvia coming in ahead at $5.1 million. China, Germany, and Poland came in second, third, and fourth respectively.
