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

Contents:

1. Price for Non-Tanker Trailer and Semi-Trailers in Latvia (CIF) - 2022
2. Price for Non-Tanker Trailer and Semi-Trailers in Latvia (FOB) - 2022
3. Imports of Non-Tanker Trailer and Semi-Trailers in Latvia
4. Exports of Non-Tanker Trailer and Semi-Trailers in Latvia

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

In 2022, the average non-tanker trailer and semi-trailers import price amounted to $15,035 per unit, rising by 30% against the previous year. Over the period under review, the import price, however, saw a perceptible setback. Over the period under review, average import prices hit record highs at $22,644 per unit in 2012; however, from 2013 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 Germany ($40,556 per unit), while the price for Russia ($794 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+29.8%), while the prices for the other major suppliers experienced a decline.

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

The average non-tanker trailer and semi-trailers export price stood at $13,955 per unit in 2022, growing by 80% against the previous year. Over the period under review, the export price, however, recorded a perceptible decline. The export price peaked at $16,996 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($22,993 per unit), while the average price for exports to Kyrgyzstan ($1,659 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 Tajikistan (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Non-tanker trailer and semi-trailers imports into Latvia expanded markedly to 3.3K units in 2022, growing by 8.7% against 2021. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 124%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, non-tanker trailer and semi-trailers imports soared to $50M in 2022. Overall, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 131% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Germany (835.0 units)
2. Estonia (804.0 units)
3. Lithuania (651.0 units)
4. Poland (509.0 units)
5. Russia (202.0 units)
6. Denmark (64.0 units)
7. Hungary (52.0 units)

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

In 2022, the amount of non-tanker trailers and semi-trailers exported from Latvia fell rapidly to 785 units, waning by -38.8% on the year before. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, the exports reached the peak of 1.3K units, and then reduced sharply in the following year.

In value terms, non-tanker trailer and semi-trailers exports rose markedly to $11M in 2022. Over the period under review, exports continue to indicate a deep slump. The exports peaked at $14M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Non-Tanker Trailer and Semi-Trailers from Latvia in 2022:

1. Lithuania (167.0 units)
2. United Kingdom (125.0 units)
3. Kyrgyzstan (105.0 units)
4. Poland (92.0 units)
5. Turkey (91.0 units)
6. Serbia (76.0 units)
7. Germany (48.0 units)
8. Ukraine (42.0 units)
9. Kazakhstan (36.0 units)
10. Russia (33.0 units)
11. Uzbekistan (32.0 units)
12. Estonia (26.0 units)
13. Tajikistan (26.0 units)

Source: IndexBox Market Intelligence Platform