United Kingdom - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPetroleum-Engine Cargo Trucks Price in the UK - 2023
Contents:
- Petroleum-Engine Cargo Trucks Price in the UK (CIF) - 2023
- Petroleum-Engine Cargo Trucks Price in the UK (FOB) - 2022
- Petroleum-Engine Cargo Trucks Imports in the UK
- Petroleum-Engine Cargo Trucks Exports in the UK
Petroleum-Engine Cargo Trucks Price in the UK (CIF) - 2023
The average petroleum-engine cargo trucks import price stood at $53,430 per unit in August 2023, dropping by -5.8% against the previous month. Overall, the import price, however, showed mild growth. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 47% month-to-month. Over the period under review, average import prices reached the peak figure at $102K per unit in May 2023; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($96,333 per unit), while the price for Japan ($31,562 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Price in the UK (FOB) - 2022
In 2022, the average petroleum-engine cargo trucks export price amounted to $18,490 per unit, picking up by 9% against the previous year. In general, the export price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 19%. The export price peaked at $30,329 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($89,116 per unit), while the average price for exports to Denmark ($1,497 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Imports in the UK
In 2022, imports of goods vehicles, with spark-ignition internal combustion piston engine into the UK plummeted to 4.3K units, waning by -68.5% against the previous year. In general, imports recorded a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. As a result, imports reached the peak of 14K units, and then reduced notably in the following year.
In value terms, petroleum-engine cargo trucks imports shrank remarkably to $295M in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 105%. As a result, imports attained the peak of $690M, and then dropped significantly in the following year.
| Import of Petroleum-Engine Cargo Trucks in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 305 | 190 | 227 | 91.6 | -33.0% |
| Germany | 12.7 | 6.2 | 99.9 | 43.7 | 51.0% |
| France | 17.2 | 28.3 | 141 | 39.4 | 31.8% |
| Turkey | 11.4 | 27.6 | 125 | 32.3 | 41.5% |
| China | 9.3 | 11.0 | 65.3 | 31.2 | 49.7% |
| Poland | 7.8 | 5.4 | 4.8 | 15.2 | 24.9% |
| Italy | N/A | 0.1 | 0.7 | 9.5 | 874.7% |
| Mexico | N/A | N/A | 3.3 | 8.3 | 151.5% |
| Japan | N/A | N/A | 5.7 | 5.8 | 1.8% |
| Netherlands | 1.4 | 45.1 | 9.5 | 1.9 | 10.7% |
| Others | 6.9 | 22.5 | 7.7 | 15.4 | 30.7% |
| Total | 372 | 336 | 690 | 295 | -7.4% |
Top Suppliers of Petroleum-Engine Cargo Trucks to the UK in 2022:
- Spain (843.0 units)
- Turkey (790.0 units)
- France (629.0 units)
- Germany (460.0 units)
- Poland (367.0 units)
- Italy (284.0 units)
- China (268.0 units)
- Japan (215.0 units)
- Mexico (167.0 units)
- Netherlands (94.0 units)
Petroleum-Engine Cargo Trucks Exports in the UK
In 2022, the amount of goods vehicles, with spark-ignition internal combustion piston engine exported from the UK contracted markedly to 2.2K units, which is down by -43.8% compared with the previous year's figure. Over the period under review, exports recorded a dramatic decline. The smallest decline of -5.8% was in 2020. Over the period under review, the exports attained the maximum at 8.5K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, petroleum-engine cargo trucks exports shrank significantly to $41M in 2022. In general, exports showed a precipitous slump. The smallest decline of -3.7% was in 2020. Over the period under review, the exports attained the peak figure at $121M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Petroleum-Engine Cargo Trucks in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 0.6 | 0.9 | 6.7 | 8.9 | 145.7% |
| Ireland | 14.0 | 13.1 | 6.2 | 5.5 | -26.8% |
| United States | 0.9 | 3.1 | 1.4 | 3.7 | 60.2% |
| Netherlands | 5.9 | 3.2 | 7.5 | 2.1 | -29.1% |
| Cyprus | 0.3 | 0.3 | 1.5 | 1.6 | 74.7% |
| Turkey | 1.9 | 0.4 | 0.1 | 1.2 | -14.2% |
| Nigeria | 0.9 | 0.3 | 1.1 | 0.8 | -3.9% |
| Jamaica | 0.2 | 0.1 | 0.6 | 0.7 | 51.8% |
| Namibia | 0.6 | N/A | 0.6 | 0.5 | -5.9% |
| Poland | 0.9 | 0.6 | 2.3 | 0.5 | -17.8% |
| Tanzania | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Denmark | 4.5 | 4.2 | 0.3 | 0.1 | -71.9% |
| Sierra Leone | 0.3 | 0.2 | 0.3 | 0.1 | -30.7% |
| Others | 89.4 | 89.5 | 37.4 | 14.6 | -45.3% |
| Total | 121 | 116 | 66.4 | 40.7 | -30.5% |
Top Export Markets for Petroleum-Engine Cargo Trucks from the UK in 2022:
- Ukraine (687.0 units)
- Cyprus (260.0 units)
- Ireland (162.0 units)
- Nigeria (138.0 units)
- Denmark (78.0 units)
- Turkey (76.0 units)
- Namibia (50.0 units)
- Jamaica (43.0 units)
- Sierra Leone (42.0 units)
- United States (41.0 units)
- Poland (38.0 units)
- Netherlands (35.0 units)
- Tanzania (34.0 units)
This report provides an in-depth analysis of the petroleum-engine cargo trucks market in the UK. 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The import value of trucks surged to $1 billion in May 2023.
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Explore the top import markets for trucks in 2023, including the United States, Canada, Germany, and more. Find out what drives the demand for trucks in these key countries.
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Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
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Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
247
The import value of trucks surged to $1 billion in May 2023.
102
Explore the top import markets for trucks in 2023, including the United States, Canada, Germany, and more. Find out what drives the demand for trucks in these key countries.
3350
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
829
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
