China’s Exported 61,700 Units Buses & Coaches in 2022

08 February 2023

According to the statistics released by China Association of Automobile Manufacturers (CAAM), China exported 7,220 units buses & coaches in December, up by 25.76% year on year and up by 9.29% month on month. In the whole year of 2022, China’s export volume of buses & coaches grew by 23.61%, reaching 61,700 units. The detailed information of China’s overall bus sales and its bus export in 2022 is shown in Table 1 below.

Table 1

  China’s Bus Export China’s Overall Bus Sales Percentage of Bus Export
Dec., 2022 7,220 52,500 13.75%
Dec., 2021 5,741 52,400 10.44%
Growth in Dec, 2022 25.76% 0.06%  
2022 61,700 407,800 15.12%
2021 49,900 505,000 9.90%
Growth in 2022 23.61% -19.0%  

From Table 1, it is clearly seen that the percentage of China’s bus export in December, 2022 increased by 3.31 percentage points compared with the same period in 2021. In the whole year of 2022, the percentage of China’s bus export went up by 5.22 percentage points on the basis of 2021.

The increasing share of China’s bus exports in its overall bus sales can be attributed to the following reasons. First and foremost, China’s bus makers, with a host of advanced and more environmentally friendly technologies, have been constantly strengthening its overall competitiveness in the global market. Secondly, bus makers in China have been increasing their direct investments and have launched KD projects in the global market. Thirdly, great efforts have been made by Chinese bus makers to build their brand image and promote their products in the international market.

The detailed information of the export volumes of China’s large-sized, medium-sized and light buses in December is shown in Table 2 below.

Table 2

  Large-sized buses Medium-sized buses Light buses Total
Dec., 2022 2,858 570 3,792 7,220
Dec., 2021 1,914 1,039 2,788 5,741
Growth 49.32% -45.14% 36.01% 25.76%
Export Percentage, Dec. 39.5% 7.89% 52.61% 100.0%

The detailed information of the export volumes of China’s large-sized, medium-sized and light buses in 2022 is shown in Table 3 below.

Table 3

  Large-sized buses Medium-sized buses Light buses Total
2022 15,400 4,600 41,800 61,700
2021 10,250 5,150 34,600 49,900
Growth 50.20% -10.66% 20.80% 23.61%
Export Percentage, 2022 20.54% 10.32% 69.14% 100.0%

The detailed information of the monthly export volumes of China’s buses and coaches in 2022 is shown in Table 4 below. It suggests that the highest monthly bus export volume occurred in December and the highest monthly growth took place in January, 2022.

Table 4

  2022 2021 Growth Rate
Jan. 4,079 2,385 71.0%
Feb. 3,174 3,459 -8.2%
Mar. 5,704 5,356 6.5%
Apr. 3,344 3,578 -6.54%
May 4,545 3,812 27.0%
Jun. 5,294 5,111 3.58%
Jul. 4,479 3,833 16.85%
Aug. 5,399 3,181 69.73%
Sept. 5,649 5,711 -1.09%
Oct. 6,204 4,136 50.0%
Nov. 6,606 3,578 84.63%
Dec. 7,220 5,741 25.76%

In 2022, China exported 61,700 units buses and coaches, including 12,200 units powered by new energy. The detailed information of the export of buses & coaches with different power drivelines is shown in Table 5 below.

Table 5

  Gasoline Diesel New energy Total
2022 26,670 22,830 12,200 61,700
2021 20,700 22,170 7,033 49,900
Growth 28.9% 2.97% 73.46% 23.33%
Percentage 43.23% 37.00% 19.77% 100.00%

According to the statistics released by China Customs, Peru, Egypt and Chile ranked the top three destinations for Chinese buses and coaches. The detailed information of the top ten destinations of Chinese buses & coaches is shown in Table 6 below.

Table 6

  Destinations Market Share, 2022 Market Share, 2021 +/-
1 Peru 11.0% 10.6% 0.40%
2 Egypt 10.5% 19.5% -9.0%
3 Chile 6.4% 3.8% 2.6%
4 Vietnam 6.3% 2.5% 3.8%
5 Ecuador 5.0% 3.8% 1.2%
  Top 5 in total 39.2% 40.2% -1.0

 

Source : www.chinabuses.org

Editor : Isabella

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