Global Trailer And Semi-Trailer Market 2024

Trailer And Semi-Trailer Market Size

For the fifth year in a row, the global trailer and semi-trailer market recorded growth in sales value, which increased by X% to $X in 2023. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the global market failed to regain momentum.

Trailer And Semi-Trailer Production

In value terms, trailer and semi-trailer production fell slightly to $X in 2023 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2023: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Trailer And Semi-Trailer Exports

Exports

In 2023, shipments 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, exports, however, posted a pronounced expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs at X units in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, trailer and semi-trailer exports rose notably to $X in 2023. Over the period under review, total exports indicated a strong expansion from 2012 to 2023: its value 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports reached the maximum in 2023 and are likely to see steady growth in the immediate term.

Exports by Country

China represented the major exporting country with an export of about X units, which accounted for X% of total exports. It was distantly followed by Mexico (X units), South Africa (X units), Germany (X units), Poland (X units), the United States (X units) and the Netherlands (X units), together mixing up a X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, South Africa (X%), Mexico (X%) and Poland (X%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The Netherlands experienced a relatively flat trend pattern. By contrast, Germany (X%) and the United States (X%) illustrated a downward trend over the same period. China (X p.p.), South Africa (X p.p.) and Mexico (X p.p.) significantly strengthened its position in terms of the global exports, while the Netherlands, the United States and Germany saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Mexico ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of global exports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average trailer and semi-trailer export price stood at $X per unit in 2023, rising by X% against the previous year. Overall, export price indicated temperate 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 pace of growth was the most pronounced in 2015 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2023, the average export prices failed to regain momentum.

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

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

Trailer And Semi-Trailer Imports

Imports

In 2023, supplies from abroad of cargo trailers and semi-trailers decreased by X% to X units, falling for the second year in a row after seven years of growth. Overall, total imports indicated a notable expansion from 2012 to 2023: its volume 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, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, global imports hit record highs at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, trailer and semi-trailer imports rose remarkably to $X in 2023. In general, total imports indicated prominent growth from 2012 to 2023: its value 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, global imports hit record highs in 2023 and are expected to retain growth in years to come.

Imports by Country

The United States (X units) and the UK (X units) represented roughly X% of total imports in 2023. Canada (X units) ranks next in terms of the total imports with a X% share, followed by Germany (X%) and Mexico (X%). France (X units), Belgium (X units), the Czech Republic (X units), Australia (X units), Greece (X units), the Netherlands (X units), Poland (X units) and Croatia (X units) held a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Germany (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported cargo trailers and semi-trailers worldwide, comprising X% of global imports. The second position in the ranking was held by Canada ($X), with an X% share of global imports. It was followed by Germany, with a X% share.

In the United States, trailer and semi-trailer imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Canada (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average trailer and semi-trailer import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, import price indicated temperate growth 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 most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, average import prices hit record highs 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 Poland ($X per unit), while Greece ($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 United States (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform