Scandinavia: Trailer And Semi-Trailer Market 2024

Trailer And Semi-Trailer Market Size in Scandinavia

In 2023, after two years of growth, there was significant decline in the Scandinavia trailer and semi-trailer market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.

Trailer And Semi-Trailer Production in Scandinavia

In value terms, trailer and semi-trailer production fell to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2022, and then shrank in the following year.

Trailer And Semi-Trailer Exports

Exports in Scandinavia

After five years of decline, shipments abroad of cargo trailers and semi-trailers increased by X% to X units in 2023. Overall, exports, however, showed a noticeable decline. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, trailer and semi-trailer exports soared to $X in 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Sweden (X units) represented the major exporter of cargo trailers and semi-trailers, mixing up X% of total exports. It was distantly followed by Norway (X units) and Finland (X units), together committing a X% share of total exports.

Exports from Sweden decreased at an average annual rate of X% from 2012 to 2023. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2023. By contrast, Finland (X%) illustrated a downward trend over the same period. Norway (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden and Finland saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Finland ($X) remains the largest trailer and semi-trailer supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.

In Finland, trailer and semi-trailer exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2023, surging by X% against the previous year. Export price indicated measured growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. 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 most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2023 and is expected to retain growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the export price figures.

Trailer And Semi-Trailer Imports

Imports in Scandinavia

In 2023, purchases abroad of cargo trailers and semi-trailers decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible decrease. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports reached the peak of X units. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, trailer and semi-trailer imports declined to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, Sweden (X units) and Norway (X units) were the largest importers of cargo trailers and semi-trailers in Scandinavia, together reaching approx. X% of total imports. It was distantly followed by Finland (X units), constituting an X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Norway ($X), Sweden ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports.

In terms of the main importing countries, Finland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per unit, with an increase of X% against the previous year. Import price indicated a temperate 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 import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2022 an increase of X%. The level of import peaked in 2023 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform