Japan - Public-Transport Type Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJapanese Bus Export Market Increases Slightly to $213M in November 2023
Japan Bus Exports
In November 2023, approximately 2.3K units of public-transport passenger motor vehicles were exported from Japan; growing by 5.5% against October 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when exports increased by 39% against the previous month. The exports peaked at 2.5K units in November 2022; however, from December 2022 to November 2023, the exports remained at a lower figure.
In value terms, bus exports rose markedly to $213M (IndexBox estimates) in November 2023. The total export value increased at an average monthly rate of +1.1% over the period from November 2022 to November 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in March 2023 with an increase of 41% month-to-month. As a result, the exports attained the peak of $224M. From April 2023 to November 2023, the growth of the exports failed to regain momentum.
| COUNTRY | Export Value of Bus in Japan (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
| Philippines | 34.3 | 23.9 | 19.1 | 25.0 | 25.4 | 31.2 | 12.1 | 22.2 | 23.4 | 29.1 | 30.9 | 28.5 | 35.6 |
| Mexico | 10.3 | 13.0 | 12.0 | 2.7 | 17.5 | 18.1 | 9.5 | 12.0 | 13.4 | 20.9 | 14.2 | 13.3 | 26.8 |
| Thailand | 9.4 | 8.4 | 6.9 | 8.6 | 13.7 | 12.0 | 8.8 | 11.1 | 14.2 | 8.0 | 12.2 | 15.1 | 14.1 |
| South Africa | 19.8 | 14.8 | 15.6 | 22.0 | 20.0 | 22.5 | 23.2 | 24.9 | 22.7 | 25.0 | 24.1 | 19.9 | 11.9 |
| United Arab Emirates | 14.4 | 20.1 | 14.0 | 20.1 | 20.6 | 15.5 | 12.5 | 12.1 | 12.0 | 10.5 | 12.4 | 12.4 | 9.5 |
| Australia | 7.5 | 6.1 | 7.6 | 8.2 | 23.5 | 11.5 | 11.0 | 11.8 | 12.4 | 6.0 | 12.4 | 10.5 | 7.4 |
| France | 8.6 | 10.2 | 1.2 | N/A | 1.1 | 4.5 | 3.1 | 2.6 | 2.1 | 1.8 | 6.3 | 4.9 | 4.3 |
| Others | 82.7 | 74.4 | 69.8 | 73.0 | 103 | 96.4 | 73.0 | 89.9 | 99.6 | 85.2 | 98.2 | 94.2 | 103 |
| Total | 187 | 171 | 146 | 160 | 224 | 212 | 153 | 187 | 200 | 186 | 211 | 199 | 213 |
Exports by Country
The Philippines (408 units), Mexico (230 units) and Thailand (161 units) were the main destinations of bus exports from Japan, with a combined 35% share of total exports.
From November 2022 to November 2023, the biggest increases were in Mexico (with a CAGR of +6.4%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, the largest markets for bus exported from Japan were the Philippines ($36M), Mexico ($27M) and Thailand ($14M), together comprising 36% of total exports.
Among the main countries of destination, Mexico, with a CAGR of +8.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In November 2023, the bus price amounted to $92,377 per unit (FOB, Japan), standing approximately at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in January 2023 when the average export price increased by 20% against the previous month. As a result, the export price attained the peak level of $92.6M per thousand units. From February 2023 to November 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In November 2023, the countries with the highest prices were Mexico ($117K per unit) and Kuwait ($99,841 per unit), while the average price for exports to Thailand ($87,253 per unit) and France ($87,253 per unit) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the bus market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29103000 - Motor vehicles for the transport of . .10 persons
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
