Transportation Vehicle Body Market

Transportation vehicle body market: get access to the most recent info empowered by an Ai-driven business intelligence tool. Statistics provide companies, exports, market size, consumption, trade, imports, production, and market prices. Here is a split by country, including Latin America, Russia, the U.K., Africa, the U.S., China, EU, and the Middle East. Market dynamics and outlook to 2030 are also provided in the snapshots.


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Transportation Vehicle Body - World's Largest Markets

RatingCountry
1Morocco

In value terms, Morocco led the market, alone.

From 2018 to 2020, the average annual growth rate of value in Morocco totaled +2.8%.

Transportation Vehicle Body Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Thailand2252952546.3%
United States614452380-21.3%
Poland25244838623.8%
Germany4535920837-57.0%
Japan14012572373311.4%
China10992065267556.0%
Czech Republic3630409640175.2%
Average927893809-6.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Czech Republic ($4,017 per unit), while Thailand ($254 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan (+311.4% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Morocco0.10.10.09-17.2%
Average0.90.50.6-20.8%

As there is only one major supplying country, the average price level is determined by prices for Morocco.

From 2018 to 2020, the rate of growth in terms of prices for Morocco amounted to -17.2% per year.

Transportation Vehicle Body - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Morocco0.70.80.6-9.0%

In value terms, Morocco ($594M) constitutes the largest market for imported bodies for motor vehicles for the transporting people worldwide.

From 2018 to 2020, the average annual rate of growth in terms of value in Morocco amounted to -9.0%.

Transportation Vehicle Body - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States1.10.70.7-21.1%
Germany0.30.80.47.9%
Japan0.020.50.4307.0%
Czech Republic0.30.40.3-3.6%
China0.060.070.281.5%

In value terms, the United States ($658M), Germany ($396M) and Japan ($376M) constituted the countries with the highest levels of exports in 2020, together accounting for 57% of global exports.

Among the main exporting countries, Japan (+307.0% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Transportation Vehicle Body - Market Forecast

Driven by increasing demand for transportation vehicle body worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Transportation Vehicle Body - Product Coverage

  • HS 870710 - Vehicles; bodies (including cabs) for the motor vehicles of heading no. 8703

Source: IndexBox Market Intelligence Platform

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