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

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