Price for Tanker Trailers and Tanker Semi-Trailers in the United States - 2023

Contents:

1. Price for Tanker Trailers and Tanker Semi-Trailers in the United States (CIF) - 2023
2. Price for Tanker Trailers and Tanker Semi-Trailers in the United States (FOB) - 2023
3. Imports of Tanker Trailers and Tanker Semi-Trailers in the United States
4. Exports of Tanker Trailers and Tanker Semi-Trailers in the United States

Price for Tanker Trailers and Tanker Semi-Trailers in the United States (CIF) - 2023

The average import price for tanker trailers and tanker semi-trailerses stood at $76,461 per unit in October 2023, growing by 7.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Canada ($111K per unit), while the price for Mexico totaled $71,862 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.3%).

Price for Tanker Trailers and Tanker Semi-Trailers in the United States (FOB) - 2023

In October 2023, the average export price for tanker trailers and tanker semi-trailerses amounted to $86,621 per unit, surging by 9% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 24% against the previous month. The export price peaked at $108K per unit in June 2023; afterwards, it flattened through to October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the Dominican Republic ($143K per unit), while the average price for exports to Mexico ($16,950 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tanker Trailers and Tanker Semi-Trailers in the United States

Tanker trailers and tanker semi-trailers imports into the United States skyrocketed to 4.6K units in 2022, increasing by 39% on the previous year. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.1% 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 +70.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tanker trailers and tanker semi-trailers imports surged to $306M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +97.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tanker Trailers and Tanker Semi-Trailers to the United States in 2022:

1. Mexico (4.0K units)
2. Canada (0.6K units)

Exports of Tanker Trailers and Tanker Semi-Trailers in the United States

In 2022, after two years of decline, there was significant growth in shipments abroad of tanker trailers and tanker semi-trailerses, when their volume increased by 18% to 623 units. Overall, exports, however, faced a abrupt decrease. Over the period under review, the exports reached the peak figure at 935 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, tanker trailers and tanker semi-trailers exports skyrocketed to $50M in 2022. In general, exports, however, showed a deep contraction. Over the period under review, the exports attained the maximum at $71M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Tanker Trailers and Tanker Semi-Trailers from the United States in 2022:

1. Canada (419.0 units)
2. Mexico (82.0 units)
3. Dominican Republic (22.0 units)
4. El Salvador (17.0 units)
5. Saudi Arabia (12.0 units)
6. Nicaragua (10.0 units)
7. Guatemala (8.0 units)

Source: IndexBox Market Intelligence Platform