Eastern Europe: Trailer And Semi-Trailer Market 2024

Trailer And Semi-Trailer Market Size in Eastern Europe

The East European trailer and semi-trailer market shrank slightly to $X in 2023, approximately mirroring the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.

Trailer And Semi-Trailer Production in Eastern Europe

In value terms, trailer and semi-trailer production declined to $X in 2023 estimated in export price. In general, production, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2022, and then declined in the following year.

Trailer And Semi-Trailer Exports

Exports in Eastern Europe

In 2023, after four years of growth, there was significant decline in shipments abroad of cargo trailers and semi-trailers, when their volume decreased by X% to X units. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X units in 2022, and then declined remarkably in the following year.

In value terms, trailer and semi-trailer exports skyrocketed to $X in 2023. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

Poland prevails in exports structure, resulting at X units, which was near X% of total exports in 2023. Estonia (X units) held the second position in the ranking, followed by Lithuania (X units), the Czech Republic (X units), Hungary (X units) and Slovakia (X units). All these countries together held approx. X% share of total exports. Bulgaria (X units) took a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to trailer and semi-trailer exports from Poland stood at X%. At the same time, Bulgaria (X%), Lithuania (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Estonia experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) and Slovakia (X%) illustrated a downward trend over the same period. Poland (X p.p.), Lithuania (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and Slovakia saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest trailer and semi-trailer supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Poland stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Lithuania (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2023, growing by X% against the previous year. Export price indicated a notable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, trailer and semi-trailer export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices attained the peak figure in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Trailer And Semi-Trailer Imports

Imports in Eastern Europe

In 2023, imports of cargo trailers and semi-trailers in Eastern Europe contracted notably to X units, falling by X% against the year before. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, trailer and semi-trailer imports reached $X in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the near future.

Imports by Country

In 2023, the Czech Republic (X units) represented the main importer of cargo trailers and semi-trailers, comprising X% of total imports. It was distantly followed by Poland (X units), Ukraine (X units), Lithuania (X units) and Romania (X units), together generating a X% share of total imports. Slovakia (X units), Bulgaria (X units), Hungary (X units), Moldova (X units), Russia (X units), Belarus (X units) and Latvia (X units) held a minor share of total imports.

Imports into the Czech Republic increased at an average annual rate of X% from 2012 to 2023. At the same time, Moldova (X%), Slovakia (X%), Romania (X%), Ukraine (X%), Lithuania (X%), Poland (X%), Hungary (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Belarus (X%), Bulgaria (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Czech Republic, Ukraine, Poland, Lithuania, Slovakia, Moldova and Romania increased by X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported cargo trailers and semi-trailers in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Lithuania ($X), with a X% share of total imports. It was followed by Ukraine, with a X% share.

In Poland, trailer and semi-trailer imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Lithuania (X% per year) and Ukraine (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform