Hungary - Road Tractors For Semi-Trailers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hungary - Road Tractors For Semi-Trailers - Market Analysis, Forecast, Size, Trends and Insights

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Price for Road Tractor for Semi-Trailer in Hungary - 2021

Contents:

  1. Price for Road Tractor for Semi-Trailer in Hungary (CIF) - 2022
  2. Price for Road Tractor for Semi-Trailer in Hungary (FOB) - 2022
  3. Imports of Road Tractor for Semi-Trailer in Hungary
  4. Exports of Road Tractor for Semi-Trailer in Hungary

Price for Road Tractor for Semi-Trailer in Hungary (CIF) - 2022

In 2022, the average road tractor for semi-trailer import price amounted to $69,507 per unit, leveling off at the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 15%. Over the period under review, average import prices reached the peak figure at $83,146 per unit in 2014; however, from 2015 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 Sweden ($80,023 per unit), while the price for Romania ($23,542 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+19.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Road Tractor for Semi-Trailer in Hungary (FOB) - 2022

In 2022, the average road tractor for semi-trailer export price amounted to $26,810 per unit, waning by -21.9% against the previous year. In general, the export price saw a mild contraction. The growth pace was the most rapid in 2021 when the average export price increased by 97%. As a result, the export price attained the peak level of $34,314 per unit, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($60,561 per unit), while the average price for exports to Libya ($1,812 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 Afghanistan (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Road Tractor for Semi-Trailer in Hungary

Road tractor for semi-trailer imports into Hungary reduced dramatically to 3K units in 2022, with a decrease of -19.3% on the previous year's figure. In general, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.3% 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 +31.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of 3.8K units, and then fell rapidly in the following year.

In value terms, road tractor for semi-trailer imports contracted significantly to $212M in 2022. Over the period under review, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of $265M, and then shrank significantly in the following year.

Import of Road Tractor for Semi-Trailer in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands14192.1132103-9.9%
Germany19.515.154.942.229.3%
Turkey14.97.031.123.917.1%
Poland20.510.212.612.3-15.7%
Sweden6.08.56.86.00.0%
Slovenia4.27.46.25.06.0%
Slovakia5.83.94.84.1-10.9%
Others18.514.616.115.2-6.3%
Total230159265212-2.7%

Top Suppliers of Road Tractor for Semi-Trailer to Hungary in 2022:

  1. Netherlands (1390.0 units)
  2. Germany (611.0 units)
  3. Turkey (328.0 units)
  4. Poland (206.0 units)
  5. Slovakia (86.0 units)
  6. Slovenia (84.0 units)
  7. Sweden (76.0 units)

Exports of Road Tractor for Semi-Trailer in Hungary

In 2022, shipments abroad of road tractors for semi-trailers decreased by -9.9% to 4.6K units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 38% against the previous year. Over the period under review, the exports hit record highs at 5.2K units in 2021, and then shrank in the following year.

In value terms, road tractor for semi-trailer exports fell markedly to $125M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 145%. As a result, the exports attained the peak of $177M, and then contracted rapidly in the following year.

Export of Road Tractor for Semi-Trailer in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan1.911.334.726.7141.3%
Turkey0.25.029.622.7384.2%
Poland6.84.918.814.528.7%
Romania7.612.116.112.417.7%
Slovakia6.46.413.610.417.6%
Serbia4.68.19.06.914.5%
Netherlands5.11.47.45.73.8%
Ukraine2.64.14.53.510.4%
Austria1.32.83.82.930.7%
Jordan3.23.62.02.8-4.4%
BelgiumN/A0.22.92.3239.1%
Egypt1.71.30.81.2-11.0%
Libya0.20.30.30.20.0%
Others8.710.633.412.312.2%
Total50.472.117712535.4%

Top Export Markets for Road Tractor for Semi-Trailer from Hungary in 2022:

  1. Afghanistan (737.0 units)
  2. Jordan (453.0 units)
  3. Turkey (375.0 units)
  4. Serbia (374.0 units)
  5. Romania (359.0 units)
  6. Slovakia (340.0 units)
  7. Ukraine (314.0 units)
  8. Poland (313.0 units)
  9. Netherlands (237.0 units)
  10. Egypt (128.0 units)
  11. Libya (125.0 units)
  12. Belgium (110.0 units)
  13. Austria (102.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for road tractor for semi-trailer in Hungary. 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:

  • Hungary

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hungary
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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