Key Market Indicators
Filipina bus market is set to continue its upward trajectory, reaching $766 million by 2026. Demand is expected to increase by an average of 2.5% year on year since 2021, while supply is forecasted to drop by 24.7% year on year since 2001. The Filipina bus market is predicted to reach $766 million by 2026. Demand is projected to rise by an average of 2.5% each year from 2021, while supply is predicted to fall by 24.7% annually since 2001. In 2018, the country's export of buses stood at $133,000, down 7.9% from the previous year's $144,430. Zambia overtook Filipina as the top exporter, with $133,000 in bus exports. China, Germany and Poland ranked second, third and fourth in the same ranking.
