Belgium - Road Tractors For Semi-Trailers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Road Tractor for Semi-Trailer in Belgium - 2021
Contents:
- Price for Road Tractor for Semi-Trailer in Belgium (FOB) - 2021
- Price for Road Tractor for Semi-Trailer in Belgium (CIF) - 2021
- Exports of Road Tractor for Semi-Trailer in Belgium
- Imports of Road Tractor for Semi-Trailer in Belgium
Price for Road Tractor for Semi-Trailer in Belgium (FOB) - 2021
The average road tractor for semi-trailer export price stood at $26,689 per unit in November 2021, reducing by -58.8% against the previous month. Over the period under review, the export price showed a drastic downturn. The pace of growth appeared the most rapid in September 2021 when the average export price increased by 25% m-o-m. The export price peaked at $64,841 per unit in October 2021, and then dropped rapidly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($112K per unit), while the average price for exports to the Netherlands ($2,874 per unit) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Road Tractor for Semi-Trailer in Belgium (CIF) - 2021
The average road tractor for semi-trailer import price stood at $69,852 per unit in November 2021, approximately mirroring the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2021 when the average import price increased by 96% month-to-month. Over the period under review, average import prices hit record highs at $79,265 per unit in December 2020; afterwards, it flattened through to November 2021.
There were significant differences in the average prices amongst the major supplying countries. In November 2021, the country with the highest price was Sweden ($135K per unit), while the price for Luxembourg ($36,914 per unit) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Road Tractor for Semi-Trailer in Belgium
In 2022, exports of road tractors for semi-trailers from Belgium contracted dramatically to 124K units, falling by -39% compared with the previous year's figure. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 355% against the previous year. As a result, the exports attained the peak of 203K units, and then declined remarkably in the following year.
In value terms, road tractor for semi-trailer exports dropped to $2.4B in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $2.8B, and then dropped in the following year.
| Export of Road Tractor for Semi-Trailer in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 324 | 251 | 304 | 269 | -6.0% |
| Poland | 186 | 170 | 308 | 253 | 10.8% |
| Germany | 254 | 202 | 250 | 216 | -5.3% |
| Netherlands | 144 | 125 | 203 | 167 | 5.1% |
| United Kingdom | 201 | 155 | 171 | 162 | -6.9% |
| Spain | 144 | 153 | 194 | 160 | 3.6% |
| Lithuania | 98.5 | 97.2 | 126 | 104 | 1.8% |
| Italy | 99.1 | 85.3 | 114 | 94.2 | -1.7% |
| China | 7.6 | 65.9 | 92.6 | 76.2 | 115.6% |
| Romania | 51.5 | 51.6 | 77.9 | 64.1 | 7.6% |
| Luxembourg | 78.6 | 41.2 | 49.0 | 52.4 | -12.6% |
| Guinea | 6.5 | 6.0 | 11.9 | 9.8 | 14.7% |
| Nigeria | 8.7 | 10.2 | 9.7 | 8.7 | 0.0% |
| Others | 633 | 587 | 854 | 747 | 5.7% |
| Total | 2,236 | 2,000 | 2,766 | 2,383 | 2.1% |
Top Export Markets for Road Tractor for Semi-Trailer from Belgium in 2022:
- Netherlands (20.2K units)
- Poland (10.3K units)
- France (9.9K units)
- Germany (8.1K units)
- Spain (6.3K units)
- United Kingdom (5.2K units)
- Nigeria (4.7K units)
- Lithuania (3.8K units)
- Italy (3.6K units)
- Guinea (3.3K units)
- China (3.3K units)
- Luxembourg (3.0K units)
- Romania (2.9K units)
Imports of Road Tractor for Semi-Trailer in Belgium
In 2022, the amount of road tractors for semi-trailers imported into Belgium declined sharply to 184K units, waning by -43.8% against 2021. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 700%. As a result, imports attained the peak of 327K units, and then contracted significantly in the following year.
In value terms, road tractor for semi-trailer imports contracted to $620M in 2022. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 40%. Over the period under review, imports attained the maximum at $804M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Road Tractor for Semi-Trailer in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 404 | 273 | 397 | 308 | -8.6% |
| Germany | 169 | 107 | 75.7 | 106 | -14.4% |
| France | 70.4 | 46.8 | 80.5 | 58.7 | -5.9% |
| Sweden | 33.8 | 25.9 | 63.3 | 46.1 | 10.9% |
| Spain | 37.6 | 25.0 | 35.5 | 28.3 | -9.0% |
| Poland | 52.4 | 8.6 | 7.8 | 22.1 | -25.0% |
| Others | 36.7 | 31.5 | 63.3 | 50.8 | 11.4% |
| Total | 804 | 517 | 723 | 620 | -8.3% |
Top Suppliers of Road Tractor for Semi-Trailer to Belgium in 2022:
- Germany (65.9K units)
- Netherlands (52.4K units)
- France (40.4K units)
- Poland (7.6K units)
- Spain (4.7K units)
- Sweden (3.6K units)
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Belgium. 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 29104300 - Road tractors for semi-trailers
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
-
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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