Saudi Arabia - 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 Saudi Arabia - 2021
Contents:
- Price for Road Tractor for Semi-Trailer in Saudi Arabia (CIF) - 2022
- Price for Road Tractor for Semi-Trailer in Saudi Arabia (FOB) - 2022
- Imports of Road Tractor for Semi-Trailer in Saudi Arabia
- Exports of Road Tractor for Semi-Trailer in Saudi Arabia
Price for Road Tractor for Semi-Trailer in Saudi Arabia (CIF) - 2022
The average road tractor for semi-trailer import price stood at $22,947 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, showed a moderate increase. The most prominent rate of growth was recorded in 2014 an increase of 186% against the previous year. Over the period under review, average import prices reached the peak figure at $28,949 per unit in 2018; however, from 2019 to 2022, 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 the Netherlands ($71,482 per unit), while the price for Germany ($19,564 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Road Tractor for Semi-Trailer in Saudi Arabia (FOB) - 2022
In 2022, the average road tractor for semi-trailer export price amounted to $42,810 per unit, approximately equating the previous year. Overall, the export price, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2016 an increase of 84%. The export price peaked at $67,898 per unit in 2019; however, from 2020 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 the United Arab Emirates ($284,861 per unit), while the average price for exports to Bahrain stood at $157,675 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Road Tractor for Semi-Trailer in Saudi Arabia
In 2022, imports of road tractors for semi-trailers into Saudi Arabia skyrocketed to 11K units, picking up by 30% against 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 54% against the previous year. As a result, imports attained the peak of 14K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, road tractor for semi-trailer imports surged to $254M in 2022. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 40% against the previous year. As a result, imports reached the peak of $309M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Road Tractor for Semi-Trailer in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 135 | 210 | 138 | 177 | 9.4% |
| Netherlands | 9.5 | 23.9 | 19.2 | 21.5 | 31.3% |
| Thailand | 4.6 | 20.5 | 10.8 | 13.2 | 42.1% |
| India | 14.2 | 4.9 | 9.1 | 10.4 | -9.9% |
| Sweden | 7.6 | 12.0 | 3.2 | 8.4 | 3.4% |
| China | 2.7 | 1.9 | 7.2 | 8.0 | 43.6% |
| Japan | 22.5 | 8.3 | N/A | N/A | -63.1% |
| Others | 25.0 | 28.3 | 11.0 | 14.9 | -15.8% |
| Total | 221 | 309 | 198 | 254 | 4.7% |
Top Suppliers of Road Tractor for Semi-Trailer to Saudi Arabia in 2022:
- Germany (9.1K units)
- China (0.4K units)
- Netherlands (0.3K units)
- India (0.3K units)
- Sweden (0.3K units)
- Thailand (0.3K units)
Exports of Road Tractor for Semi-Trailer in Saudi Arabia
In 2022, overseas shipments of road tractors for semi-trailers decreased by -23.8% to 32 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of 42 units, and then declined sharply in the following year.
In value terms, road tractor for semi-trailer exports declined rapidly to $1.4M in 2022. Overall, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +2.0% 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 +45.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 92%. As a result, the exports attained the peak of $1.8M, and then reduced markedly in the following year.
| Export of Road Tractor for Semi-Trailer in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 219 | 283 | 63.8 | 431 | 25.3% |
| Bahrain | 302 | 115 | 12.5 | 170 | -17.4% |
| China | N/A | 3.2 | 1.4 | N/A | -56.3% |
| Germany | N/A | 126 | N/A | N/A | 0% |
| Djibouti | N/A | 3.9 | N/A | N/A | 0% |
| France | N/A | 21.7 | 1,537 | N/A | 6982.9% |
| Chad | N/A | 6.9 | 1.3 | N/A | -81.2% |
| Czech Republic | N/A | 14.9 | N/A | N/A | 0% |
| Eritrea | N/A | 6.3 | N/A | N/A | 0% |
| Others | 769 | 358 | 185 | 769 | 0.0% |
| Total | 1,290 | 939 | 1,801 | 1,370 | 2.0% |
Top Export Markets for Road Tractor for Semi-Trailer from Saudi Arabia in 2022:
- United Arab Emirates (2.0 units)
- Bahrain (1.0 units)
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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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