Price for Tanker Trailers and Tanker Semi-Trailers in Saudi Arabia - 2021

Contents:

  1. Price for Tanker Trailers and Tanker Semi-Trailers in Saudi Arabia (FOB) - 2022
  2. Exports of Tanker Trailers and Tanker Semi-Trailers in Saudi Arabia

Price for Tanker Trailers and Tanker Semi-Trailers in Saudi Arabia (FOB) - 2022

In 2022, the average export price for tanker trailers and tanker semi-trailerses amounted to $40,112 per unit, picking up by 2% against the previous year. Overall, the export price showed slight growth. The pace of growth was the most pronounced in 2019 an increase of 83% against the previous year. As a result, the export price reached the peak level of $44,912 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bahrain ($43,278 per unit) and Kuwait ($41,934 per unit), while the average price for exports to Yemen ($36,434 per unit) and Sudan ($39,648 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Tanker Trailers and Tanker Semi-Trailers in Saudi Arabia

Tanker trailers and tanker semi-trailers exports from Saudi Arabia shrank dramatically to 131 units in 2022, with a decrease of -47.4% on the year before. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 759% against the previous year. As a result, the exports reached the peak of 249 units, and then fell notably in the following year.

In value terms, tanker trailers and tanker semi-trailers exports dropped notably to $5.3M in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,260% against the previous year. As a result, the exports attained the peak of $9.8M, and then fell sharply in the following year.

Export of Tanker Trailers and Tanker Semi-Trailers in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sudan1,1902605,8213,41042.0%
United Arab Emirates48.01211,243728147.5%
Kuwait31910885950316.4%
Oman18.738.0554324158.8%
Bahrain11729.736921622.7%
Yemen13.34.212472.976.3%
AlgeriaN/AN/A521N/A0%
BangladeshN/A31.9N/AN/A0%
OthersN/A127298N/A134.6%
Total1,7077209,7895,25545.5%

Top Export Markets for Tanker Trailers and Tanker Semi-Trailers from Saudi Arabia in 2022:

  1. Sudan (86.0 units)
  2. United Arab Emirates (18.0 units)
  3. Kuwait (12.0 units)
  4. Oman (8.0 units)
  5. Bahrain (5.0 units)
  6. Yemen (2.0 units)

Source: IndexBox Market Intelligence Platform

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