Bus Market Overview in Croatia
In value terms, bus production amounted to $ in 2018 estimated in export prices. In general, bus production continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2015 with an increase of % y-o-y. Over the period under review, bus production hit record highs in 2018 and is likely to continue its growth in the in years to come.
The revenue of the bus market in Croatia amounted to $ in 2018, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, bus consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the market value increased by % year-to-year. Over the period under review, the bus market hit record highs at $ in 2009; however, from 2010 to 2018, consumption remained at a lower figure.