Based on the provided data, the export of buses from South Africa is expected to decrease steadily from 2024 to 2028, with values expressed in Million US Dollars. In 2023, the export value stood at USD 46 million. The year-on-year variation from 2024 to 2025 is approximately -4.0%, from 2025 to 2026 is about -4.1%, from 2026 to 2027 is around -4.2%, and from 2027 to 2028 is about -4.2%. The compound annual growth rate (CAGR) over the five-year period is estimated at -4.2%.
Future trends to watch for include the impact of global economic conditions, advancements in alternative energy technologies for buses (such as electric and hydrogen fuel cells), and changes in trade policies and tariffs. Monitoring these factors could provide insights into potential shifts in export values.
