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World - Trucks - Market Analysis, Forecast, Size, Trends and Insights

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Global Truck Market Overview 2020

Truck Market Size

The global truck market revenue amounted to $X in 2018, going up by X% against the previous year. In general, the total market indicated a prominent expansion from 2013 to 2018: its value increased at an average annual rate of +X% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, truck consumption increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The global truck consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Truck Production

In value terms, truck production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, global truck production reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Production By Country

The countries with the highest volumes of truck production in 2018 were China (X units), Thailand (X units) and Japan (X units), with a combined X% share of global production.

From 2013 to 2018, the most notable rate of growth in terms of truck production, amongst the main producing countries, was attained by Thailand, while truck production for the other global leaders experienced more modest paces of growth.

Truck Exports

Exports 2007-2018

In 2018, approx. X units of trucks were exported worldwide; picking up by X% against the previous year. Over the period under review, truck exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, global truck exports attained their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, truck exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2013 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, global truck exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Thailand was the key exporter of trucks exported in the world, with the volume of exports recording X units, which was near X% of total exports in 2018. Mexico (X units) took the second position in the ranking, distantly followed by the U.S. (X units). All these countries together occupied near X% share of total exports. Japan (X units), France (X units), Germany (X units), Turkey (X units), Italy (X units), Spain (X units), South Africa (X units), Belgium (X units) and Argentina (X units) occupied a minor share of total exports.

Thailand was also the fastest-growing in terms of the trucks exports, with a CAGR of +X% from 2013 to 2018. At the same time, Mexico (+X%), Belgium (+X%), France (+X%), Turkey (+X%), Italy (+X%), South Africa (+X%) and Spain (+X%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, Japan (-X%), the U.S. (-X%) and Argentina (-X%) illustrated a downward trend over the same period. While the share of Thailand (+X p.p.), Mexico (+X p.p.) and France (+X p.p.) increased significantly in terms of the global exports from 2013-2018, the share of the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), the U.S. ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of global exports. Thailand, France, Japan, Spain, Italy, Turkey, Belgium, Argentina and South Africa lagged somewhat behind, together accounting for a further X the main exporting countries, France recorded the highest growth rate of market size, over the period under review, while exports for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average truck export price stood at $X per unit in 2018, standing approx. at the previous year. Over the period under review, the truck export price, however, continues to indicate an abrupt drop. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. In that year, the average export prices for trucks attained their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average export prices for trucks remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Truck Imports

Imports 2007-2018

Global imports stood at X units in 2018, picking up by X% against the previous year. Over the period under review, truck imports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. The global imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, truck imports stood at $X in 2018. The total import value increased at an average annual rate of +X% from 2013 to 2018; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. In that year, global truck imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

The Philippines was the major importer of trucks imported in the world, with the volume of imports recording X units, which was near X% of total imports in 2018. The U.S. (X units) ranks second in terms of the total imports with a X% share, followed by Canada (X%). The UK (X units), France (X units), Australia (X units), Germany (X units) and Belgium (X units) followed a long way behind the leaders.

The Philippines was also the fastest-growing in terms of the trucks imports, with a CAGR of +X% from 2013 to 2018. At the same time, Canada (+X%), the U.S. (+X%), the UK (+X%), France (+X%), Belgium (+X%), Australia (+X%) and Germany (+X%) displayed positive paces of growth. The Philippines (+X p.p.), the U.S. (+X p.p.) and Canada (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest truck importing markets worldwide were the U.S. ($X), Canada ($X) and the UK ($X), together accounting for X% of global imports.

In terms of the main importing countries, the UK experienced the highest growth rate of market size, over the period under review, while imports for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average truck import price amounted to $X per unit, approximately mirroring the previous year. Overall, the truck import price continues to indicate an abrupt reduction. The pace of growth was the most pronounced in 2018 a decrease of -X% year-to-year. Over the period under review, the average import prices for trucks attained their peak figure at $X per unit in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 29104110 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight . 5 tonnes (excluding dumpers for off-highway use)
• Prodcom 29104130 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight > 5 tonnes but . .20 tonnes (including vans) (excluding dumpers for off-highway use, tractors)
• Prodcom 29104140 - Goods vehicles with compression-ignition internal combustion piston engine (diesel or semi-diesel), of a gross vehicle weight > .20 tonnes (excluding dumpers designed for offhighway use)
• Prodcom 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new

This report provides an in-depth analysis of the global truck market. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018

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