Key Market Indicators
The country ranked number 12 in 2021, the UK overtook at $65,061,000. Japan, France and South Korea respectively were numbers 2, 3 and 4 in this ranking. Singapore's exports of buses are expected to reach around $34 million by 2026, a 0.7% annual growth rate from 2021's $32 million. Since 1994, general supply has dropped by 5% each year. In 2021, Singapore came in at 36th position, with Thailand overtaking at $32 million. China, Germany and Poland were ranked second, third and fourth respectively. Imports of buses to Singapore are forecast to reach $54 million by 2026, a 3.3% annual decline from 2021's $65 million. Since 1994, demand has dropped by 7%. In 2021, Singapore placed 12th, with the UK overtaking at $65 million. Japan, France and South Korea were the second, third and fourth largest importers respectively.
