U.S. Truck Trailer Market. Analysis And Forecast to 2030
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View PricingTruck Trailer Price in the United States - 2023
Contents:
- Truck Trailer Price in the United States (CIF) - 2022
- Truck Trailer Price in the United States (FOB) - 2023
- Truck Trailer Imports in the United States
- Truck Trailer Exports in the United States
Truck Trailer Price in the United States (CIF) - 2022
The average truck trailer import price stood at $8,094 per unit in 2022, jumping by 100% against the previous year. In general, the import price showed a prominent expansion. 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 2022, amid the top importers, the country with the highest price was Canada ($27,397 per unit), while the price for China ($453 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.1%), while the prices for the other major suppliers experienced a decline.
Truck Trailer Price in the United States (FOB) - 2023
The average truck trailer export price stood at $18,992 per unit in August 2023, falling by -4.1% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 7.4% m-o-m. The export price peaked at $19,813 per unit in July 2023, and then declined modestly in the following month.
Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was Mexico ($21,798 per unit), while the average price for exports to Canada amounted to $17,620 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.8%).
Truck Trailer Imports in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of truck trailers, when their volume decreased by -21.6% to 501K units. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.2% 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 +37.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Over the period under review, imports hit record highs at 639K units in 2021, and then dropped markedly in the following year.
In value terms, truck trailer imports surged to $4.1B in 2022. Over the period under review, imports, however, showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Truck Trailer in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,903 | 1,344 | 2,107 | 3,436 | 21.8% |
| Canada | 279 | 249 | 293 | 380 | 10.8% |
| China | 224 | 173 | 112 | 150 | -12.5% |
| Others | 56.4 | 68.5 | 69.1 | 94.9 | 18.9% |
| Total | 2,463 | 1,834 | 2,581 | 4,062 | 18.1% |
Top Suppliers of Truck Trailer to the United States in 2022:
- China (331.2K units)
- Mexico (149.2K units)
- Canada (13.9K units)
Truck Trailer Exports in the United States
In 2022, exports of truck trailers from the United States soared to 116K units, picking up by 21% on 2021 figures. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 +60.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, truck trailer exports soared to $2B in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +74.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Truck Trailer in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,120 | 806 | 1,081 | 1,502 | 10.3% |
| Mexico | 220 | 143 | 175 | 265 | 6.4% |
| Others | 298 | 168 | 174 | 186 | -14.5% |
| Total | 1,639 | 1,117 | 1,430 | 1,953 | 6.0% |
Top Export Markets for Truck Trailer from the United States in 2022:
- Canada (94.2K units)
- Mexico (15.5K units)
This report provides an in-depth analysis of the truck trailer market in the U.S.. 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:
- NAICS 336212 - Truck trailer manufacturing
Companies mentioned:
- Wabash National Corporation
- Utility Trailer Manufacturing Company
- Great Dane Limited Partnership
- East Manufacturing Corporation
- Trail King Industries
- Wilson Trailer Company
- Containerport Group
- R. C. Tway Company
- Stoughton Trailers
- Systems Drs Sustainment
- Xl Specialized Trailers
- Merritt Equipment Co.
- Transcraft Corporation
- Universal Trailer Cargo Group
- Wellco Holdings
- Western Trailer Co.
- Vanguard National Trailer Corporation
- Sundowner Trailers
- Schutt Industries of Clintonville
- Wis.
- Heil Trailer International
- Strick Corporation
- Brenner Tank
- Fontaine Specialized
- Universal Trailer Holdings Corp.
- Zieman Manufacturing Company
- Fontaine Commercial Trailer
- Timpte Industries
- Mac Manufacturing
- Mac Trailer Manufacturing
- Pj Trailers
- Universal Trailer Cargo Group
- Henderson Enterprises Group
- Imperial Group Manufacturing
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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In August 2022, the average truck trailer import price amounted to $8,791 (CIF, US) per unit, with an increase of 17% against the previous month.
995
The U.S. takes second place in global truck trailer exports with a X% share (based on USD), following Germany (X%). In 2015, the U.S. exported X million USD, -X% under the previous year.
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The U.S. takes fourth place in global exports of locomotives, train and train cars with an X% share (based on USD), following Germany (X%), Mexico (X%) and China (X%). In 2015, the U.S. exported X million USD, +X% o
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The U.S. takes seventh place in global exports of ships, barges, and platforms with a X% share (based on USD), following Korea (X%), China (X%), Japan (X%), Poland (X%), India (X%), and Germany (X%). In 2015, the U.S. ex
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In February 2023, the motor home price decreased by 2.7% to $82,639 per unit (FOB, US) compared to the previous month.
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In October 2022, the motor home price stood at $77,164 per unit (FOB, US), increasing by 6.7% against the previous month.
