Price for Non-Tanker Trailer and Semi-Trailers in India - 2023

Price for Non-Tanker Trailer and Semi-Trailers in India (CIF) - 2022

In 2022, the average non-tanker trailer and semi-trailers import price amounted to $8,053 per unit, growing by 40% against the previous year. Over the period under review, the import price, however, saw a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 1,908%. The import price peaked at $46,350 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($9,648 per unit), while the price for the Philippines ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Tanker Trailer and Semi-Trailers in India (FOB) - 2022

The average non-tanker trailer and semi-trailers export price stood at $532 per unit in 2022, increasing by 97% against the previous year. Overall, the export price, however, showed a sharp reduction. The most prominent rate of growth was recorded in 2016 an increase of 177%. Over the period under review, the average export prices reached the maximum at $10,236 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guinea ($2,699 per unit), while the average price for exports to the UK ($281 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 Guinea (+111.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Tanker Trailer and Semi-Trailers in India

In 2022, supplies from abroad of non-tanker trailers and semi-trailers decreased by -54.3% to 772 units, falling for the second year in a row after two years of growth. In general, imports saw a sharp descent. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of 2.2K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, non-tanker trailer and semi-trailers imports plummeted to $6.2M in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of $9.8M, and then dropped dramatically in the following year.

Import of Non-Tanker Trailer and Semi-Trailers in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	4,785	3,713	2,901	1,741	-28.6%
Netherlands	65.2	91.9	133	1,172	162.0%
China	484	347	266	857	21.0%
Singapore	558	504	358	849	15.0%
United Arab Emirates	47.6	14.5	1,330	453	111.9%
France	559	1,616	546	185	-30.8%
Germany	926	648	1,195	162	-44.1%
United Kingdom	144	175	82.3	102	-10.9%
Japan	50.8	5.2	103	16.0	-32.0%
Philippines	N/A	N/A	N/A	3.8	0%
Vietnam	N/A	N/A	1.2	N/A	0%
Others	501	564	2,845	676	10.5%
Total	8,121	7,680	9,761	6,217	-8.5%

Top Suppliers of Non-Tanker Trailer and Semi-Trailers to India in 2022:

Netherlands (409.0 units)
China (376.0 units)
United States (203.0 units)
Philippines (112.0 units)
Singapore (88.0 units)
United Arab Emirates (72.0 units)
United Kingdom (71.0 units)
Germany (20.0 units)
France (12.0 units)
Japan (10.0 units)

Exports of Non-Tanker Trailer and Semi-Trailers in India

Non-tanker trailer and semi-trailers exports from India reduced rapidly to 3.6K units in 2022, waning by -83.4% on 2021. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 340% against the previous year. As a result, the exports reached the peak of 22K units, and then fell remarkably in the following year.

In value terms, non-tanker trailer and semi-trailers exports contracted rapidly to $1.9M in 2022. In general, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, the exports attained the peak of $5.8M, and then declined markedly in the following year.

Export of Non-Tanker Trailer and Semi-Trailers in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bangladesh	67.8	6.3	56.4	211	46.0%
Germany	416	656	204	205	-21.0%
Malaysia	37.2	37.9	55.7	167	65.0%
United States	1,529	1,525	3,359	155	-53.4%
Tanzania	0.2	3.2	45.3	148	804.5%
Uganda	17.8	2.3	N/A	145	101.2%
Bhutan	12.6	1.0	2.9	126	115.4%
Guinea	N/A	N/A	2.2	89.1	3950.0%
United Kingdom	179	36.9	33.8	38.2	-40.2%
Maldives	N/A	N/A	19.8	36.2	82.8%
Singapore	265	162	236	35.4	-48.9%
Nepal	161	103	128	21.6	-48.8%
France	65.2	162	173	15.3	-38.3%
Others	1,569	1,273	1,503	517	-30.9%
Total	4,319	3,967	5,819	1,908	-23.8%