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U.S. Truck Trailer Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Truck Trailer Market Overview 2020

Truck Trailer Market Size in the U.S.

The U.S. truck trailer market expanded markedly to $X in 2019, surging by X% against the previous year. Overall, the total consumption indicated a strong expansion from 2013 to 2019: its value increased at an average annual rate of +X% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. Truck trailer consumption peaked in 2019 and is likely to continue growth in the immediate term.

Truck Trailer Production in the U.S.

In value terms, truck trailer production rose remarkably to $X in 2019. The total output value increased at an average annual rate of +X% over the period from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. Truck trailer production peaked in 2019 and is likely to see steady growth in years to come.

Truck Trailer Exports

Exports from the U.S.

In 2019, overseas shipments of truck trailers decreased by -X% to X units for the first time since 2015, thus ending a three-year rising trend. Over the period under review, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X units in 2018, and then reduced in the following year.

In value terms, truck trailer exports expanded slightly to $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Exports peaked in 2019 and are expected to retain growth in the near future.

Exports by Country

Canada (X units) was the main destination for truck trailer exports from the U.S., accounting for a X% share of total exports. Moreover, truck trailer exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), sixfold.

From 2013 to 2019, the average annual rate of growth in terms of volume to Canada stood at +X%.

In value terms, Canada ($X) remains the key foreign market for truck trailer exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of value to Canada was relatively modest.

Export Prices by Country

In 2019, the average truck trailer export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The export price peaked at $X per unit in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was Mexico ($X per unit), while the average price for exports to Canada amounted to $X per unit.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Mexico.

Truck Trailer Imports

Imports into the U.S.

In 2019, supplies from abroad of truck trailers decreased by -X% to X units for the first time since 2014, thus ending a four-year rising trend. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then dropped markedly in the following year.

In value terms, truck trailer imports contracted to $X in 2019. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2018, and then reduced modestly in the following year.

Imports by Country

In 2019, China (X units) constituted the largest truck trailer supplier to the U.S., accounting for a X% share of total imports. Moreover, truck trailer imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), threefold.

From 2013 to 2019, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Canada (+X% per year).

In value terms, Mexico ($X) constituted the largest supplier of truck trailer to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2013 to 2019, the average annual growth rate of value from Mexico stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and China (+X% per year).

Import Prices by Country

In 2019, the average truck trailer import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, import price indicated prominent growth from 2013 to 2019: its price increased at an average annual rate of +X% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, truck trailer import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2019 and is likely to see steady growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of truck trailers to the U.S.?
+
In value terms, Mexico ($1.9B) constituted the largest supplier of truck trailer to the U.S., comprising 77% of total imports. The second position in the ranking was occupied by Canada ($279M), with a 11% share of total imports.
What are the leading importers of truck trailers from the U.S.?
+
In value terms, Canada ($1.1B) remains the key foreign market for truck trailer exports from the U.S., comprising 68% of total exports. The second position in the ranking was occupied by Mexico ($220M), with a 13% share of total exports.
What is the average export price for truck trailers in the U.S.?
+
In 2019, the average truck trailer export price amounted to $17,540 per unit, with an increase of 7.5% against the previous year.
What is the average import price for truck trailers in the U.S.?
+
In 2019, the average truck trailer import price amounted to $6,715 per unit, growing by 16% against the previous year.

Product coverage:
• NAICS 336212 - Truck trailer manufacturing

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 2025.


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:
• USA

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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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