Bus Market in Egypt
Market Overview
In 
, the Egyptian bus market decreased by -% to $, falling for the second consecutive year after three years of growth. Over the period under review, consumption showed a perceptible slump. Bus consumption peaked at $ in ; however, from to , consumption remained at a lower figure.
In value terms, bus production rose remarkably to $ in estimated in export price. Over the period under review, production, however, saw a slight setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2008; however, from 2009 to , production remained at a lower figure.
, the Egyptian bus market decreased by -% to $, falling for the second consecutive year after three years of growth. Over the period under review, consumption showed a perceptible slump. Bus consumption peaked at $ in ; however, from to , consumption remained at a lower figure.In value terms, bus production rose remarkably to $
in estimated in export price. Over the period under review, production, however, saw a slight setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2008; however, from 2009 to , production remained at a lower figure.Consumption
In , consumption of public-transport type passenger motor vehicles decreased by -% to units, falling for the second consecutive year after three years of growth. Overall, consumption showed a perceptible downturn. Bus consumption peaked at units in ; however, from to , consumption stood at a somewhat lower figure.
The value of the bus market in Egypt fell to $ in , with a decrease of -% 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). Over the period under review, consumption showed a pronounced shrinkage. Bus consumption peaked at $ in ; however, from to , consumption failed to regain momentum.
, consumption of public-transport type passenger motor vehicles decreased by -% to units, falling for the second consecutive year after three years of growth. Overall, consumption showed a perceptible downturn. Bus consumption peaked at units in ; however, from to , consumption stood at a somewhat lower figure.The value of the bus market in Egypt fell to $
in , with a decrease of -% 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). Over the period under review, consumption showed a pronounced shrinkage. Bus consumption peaked at $ in ; however, from to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for bus in Egypt, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
The growth in the share of Egypt imports of in the bus market structure from % in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
% in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
Egypt remains a net exporter of bus; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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