Vietnam - 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 Vietnam - 2022
Contents:
- Price for Road Tractor for Semi-Trailer in Vietnam (CIF) - 2022
- Price for Road Tractor for Semi-Trailer in Vietnam (FOB) - 2022
- Imports of Road Tractor for Semi-Trailer in Vietnam
- Exports of Road Tractor for Semi-Trailer in Vietnam
Price for Road Tractor for Semi-Trailer in Vietnam (CIF) - 2022
The average road tractor for semi-trailer import price stood at $40,168 per unit in 2022, falling by -3.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2019 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the peak figure at $41,633 per unit in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($62,529 per unit), while the price for the United States ($26,828 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.5%), while the prices for the other major suppliers experienced a decline.
Price for Road Tractor for Semi-Trailer in Vietnam (FOB) - 2022
In 2022, the average road tractor for semi-trailer export price amounted to $1,363 per unit, leveling off at the previous year. Overall, the export price continues to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 86% against the previous year. The export price peaked at $62,855 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 Myanmar ($35,258 per unit), while the average price for exports to Australia ($8.5 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 South Korea (-1.9%), while the prices for the other major destinations experienced a decline.
Imports of Road Tractor for Semi-Trailer in Vietnam
After three years of growth, supplies from abroad of road tractors for semi-trailers decreased by -32.2% to 7.7K units in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 181% against the previous year. As a result, imports reached the peak of 11K units, and then fell significantly in the following year.
In value terms, road tractor for semi-trailer imports contracted sharply to $309M in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 225% against the previous year. As a result, imports reached the peak of $472M, and then shrank dramatically in the following year.
| Import of Road Tractor for Semi-Trailer in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.4 | 85.7 | 382 | 240 | 84.2% |
| South Korea | 19.7 | 10.6 | 40.1 | 25.1 | 8.4% |
| Mexico | 49.5 | 12.6 | 5.7 | 16.1 | -31.2% |
| Japan | 8.9 | 11.0 | 13.3 | 9.3 | 1.5% |
| United States | 15.1 | 13.9 | 1.9 | 3.7 | -37.4% |
| Others | 3.1 | 11.3 | 28.9 | 14.6 | 67.6% |
| Total | 135 | 145 | 472 | 309 | 31.8% |
Top Suppliers of Road Tractor for Semi-Trailer to Vietnam in 2022:
- China (6.0K units)
- Mexico (0.6K units)
- South Korea (0.4K units)
- Japan (0.3K units)
- United States (0.1K units)
Exports of Road Tractor for Semi-Trailer in Vietnam
In 2022, overseas shipments of road tractors for semi-trailers decreased by 0% to 16 units, falling for the second year in a row after two years of growth. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 417% against the previous year. As a result, the exports attained the peak of 31 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, road tractor for semi-trailer exports expanded significantly to $22K in 2022. Overall, exports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2020 when exports increased by 172% against the previous year. As a result, the exports attained the peak of $1M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Road Tractor for Semi-Trailer in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 179 | 618 | 13.4 | 14.7 | -56.5% |
| China | 106 | 267 | 4.9 | 4.6 | -64.9% |
| Myanmar | 26.9 | 82.7 | 1.6 | 1.6 | -61.0% |
| Cambodia | 17.6 | 32.7 | 0.1 | 0.5 | -69.5% |
| Italy | N/A | 10.8 | N/A | N/A | 0% |
| Angola | 40.2 | N/A | N/A | N/A | 0% |
| Australia | 0.2 | 0.5 | N/A | N/A | 150.0% |
| Others | 7.5 | 15.0 | 0.4 | 0.4 | -62.4% |
| Total | 377 | 1,027 | 20.4 | 21.8 | -61.3% |
Top Export Markets for Road Tractor for Semi-Trailer from Vietnam in 2022:
- Australia (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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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