Price for Non-Tanker Trailer and Semi-Trailers in the United States - 2023

Contents:

1. Price for Non-Tanker Trailer and Semi-Trailers in the United States (CIF) - 2022
2. Price for Non-Tanker Trailer and Semi-Trailers in the United States (FOB) - 2023
3. Imports of Non-Tanker Trailer and Semi-Trailers in the United States
4. Exports of Non-Tanker Trailer and Semi-Trailers in the United States

Price for Non-Tanker Trailer and Semi-Trailers in the United States (CIF) - 2022

In 2022, the average non-tanker trailer and semi-trailers import price amounted to $16,624 per unit, picking up by 30% against the previous year. In general, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 163% against the previous year. As a result, import price attained the peak level of $17,906 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 Mexico ($22,322 per unit), while the price for China ($2,115 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+13.4%), while the prices for the other major suppliers experienced a decline.

Price for Non-Tanker Trailer and Semi-Trailers in the United States (FOB) - 2023

The average non-tanker trailer and semi-trailers export price stood at $18,181 per unit in December 2023, surging by 4.8% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 6.3% against the previous month. As a result, the export price attained the peak level of $18,269 per unit; afterwards, it flattened through to December 2023.

Average prices varied somewhat for the major external markets. In December 2023, the country with the highest price was Mexico ($22,224 per unit), while the average price for exports to Canada amounted to $17,193 per unit.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.2%).

Imports of Non-Tanker Trailer and Semi-Trailers in the United States

In 2022, the amount of non-tanker trailers and semi-trailers imported into the United States skyrocketed to 213K units, surging by 23% compared with the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, non-tanker trailer and semi-trailers imports soared to $3.5B in 2022. Overall, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Non-Tanker Trailer and Semi-Trailers to the United States in 2022:

1. Mexico (138.5K units)
2. China (57.1K units)
3. Canada (13.9K units)

Exports of Non-Tanker Trailer and Semi-Trailers in the United States

Non-tanker trailer and semi-trailers exports from the United States surged to 110K units in 2022, increasing by 20% on the year before. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, non-tanker trailer and semi-trailers exports skyrocketed to $1.7B in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Non-Tanker Trailer and Semi-Trailers from the United States in 2022:

1. Canada (89.7K units)
2. Mexico (14.4K units)

Source: IndexBox Market Intelligence Platform