Price for Tanker Trailer and Semi-Trailers in Latvia - 2023

Contents:

1. Price for Tanker Trailer and Semi-Trailers in Latvia (CIF) - 2022
2. Price for Tanker Trailer and Semi-Trailers in Latvia (FOB) - 2022
3. Imports of Tanker Trailer and Semi-Trailers in Latvia
4. Exports of Tanker Trailer and Semi-Trailers in Latvia

Price for Tanker Trailer and Semi-Trailers in Latvia (CIF) - 2022

In 2022, the average tanker trailer and semi-trailers import price amounted to $68,253 per unit, jumping by 53% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 139% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($125,382 per unit), while the price for Lithuania ($3,049 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tanker Trailer and Semi-Trailers in Latvia (FOB) - 2022

In 2022, the average tanker trailer and semi-trailers export price amounted to $28,589 per unit, waning by -61% against the previous year. Overall, the export price, however, posted strong growth. The pace of growth was the most pronounced in 2018 an increase of 446%. Over the period under review, the average export prices attained the peak figure at $73,258 per unit in 2021, and then contracted significantly in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($39,140 per unit), while the average price for exports to Ukraine totaled $27,534 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tanker Trailer and Semi-Trailers in Latvia

In 2022, imports of tanker trailers and semi-trailers into Latvia contracted rapidly to 17 units, falling by -46.9% compared with 2021. Over the period under review, imports continue to indicate a dramatic slump. The smallest decline of -8.6% was in 2021. Over the period under review, imports hit record highs at 47 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, tanker trailer and semi-trailers imports dropped dramatically to $1.2M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 78%. Imports peaked at $1.4M in 2021, and then shrank dramatically in the following year.

Top Suppliers of Tanker Trailer and Semi-Trailers to Latvia in 2022:

1. Germany (7.0 units)
2. Denmark (4.0 units)
3. Poland (3.0 units)
4. Netherlands (1.0 units)
5. Lithuania (1.0 units)
6. Austria (1.0 units)
7. Ireland (1.0 units)

Exports of Tanker Trailer and Semi-Trailers in Latvia

Tanker trailer and semi-trailers exports from Latvia soared to 11 units in 2022, rising by 450% against 2021. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tanker trailer and semi-trailers exports surged to $314K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 339%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Tanker Trailer and Semi-Trailers from Latvia in 2022:

1. Ukraine (10.0 units)
2. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform