Forecast: Import of Diesel Powered Buses to South Korea

Based on the provided data, the forecast for the import of diesel-powered buses to South Korea shows a consistent upward trend from 2024 to 2028. Starting at 3.8985 million kilograms in 2024, the imports are projected to grow annually, reaching 4.6056 million kilograms by 2028. This reflects an approximate year-on-year growth rate of around 4.7% from 2024 to 2025, and similar growth rates in subsequent years.

If we consider the value for 2023, the precise volume is not provided. However, the average annual growth rate (CAGR) over the next five years can be expected to demonstrate a steady and sustainable increase in diesel bus imports.

Future trends to watch for include shifts toward more stringent environmental regulations, which may impact the demand for diesel-powered buses. Emerging technologies and a potential transition to electric or hybrid buses could also significantly influence import volumes in the long term.

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