Price for Non-Tanker Trailer and Semi-Trailers in China - 2023

Contents:

1. Price for Non-Tanker Trailer and Semi-Trailers in China (FOB) - 2022
2. Price for Non-Tanker Trailer and Semi-Trailers in China (CIF) - 2022
3. Exports of Non-Tanker Trailer and Semi-Trailers in China
4. Imports of Non-Tanker Trailer and Semi-Trailers in China

Price for Non-Tanker Trailer and Semi-Trailers in China (FOB) - 2022

The average non-tanker trailer and semi-trailers export price stood at $2,532 per unit in 2022, growing by 29% against the previous year. Over the period under review, the export price, however, saw a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 137% against the previous year. As a result, the export price reached the peak level of $16,696 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($6,799 per unit), while the average price for exports to the United States ($421 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (-2.8%), while the prices for the other major destinations experienced a decline.

Price for Non-Tanker Trailer and Semi-Trailers in China (CIF) - 2022

The average non-tanker trailer and semi-trailers import price stood at $72,363 per unit in 2022, increasing by 51% against the previous year. Overall, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 132%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($140,231 per unit), while the price for France ($4,955 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.3%), while the prices for the other major suppliers experienced a decline.

Exports of Non-Tanker Trailer and Semi-Trailers in China

After three years of growth, shipments abroad of non-tanker trailers and semi-trailers decreased by -9.8% to 314K units in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 37% against the previous year. Over the period under review, the exports hit record highs at 348K units in 2021, and then reduced in the following year.

In value terms, non-tanker trailer and semi-trailers exports surged to $796M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Non-Tanker Trailer and Semi-Trailers from China in 2022:

1. Australia (87.4K units)
2. Mongolia (38.1K units)
3. Canada (30.9K units)
4. United States (29.0K units)
5. New Zealand (23.8K units)
6. Vietnam (14.6K units)
7. Tanzania (10.8K units)
8. Nigeria (5.2K units)

Imports of Non-Tanker Trailer and Semi-Trailers in China

In 2022, the amount of non-tanker trailers and semi-trailers imported into China declined sharply to 25 units, reducing by -26.5% on the previous year. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, imports reached the peak of 34 units, and then fell markedly in the following year.

In value terms, non-tanker trailer and semi-trailers imports totaled $1.8M in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Non-Tanker Trailer and Semi-Trailers to China in 2022:

1. United States (20.0 units)
2. Germany (3.0 units)
3. Hungary (1.0 units)
4. France (1.0 units)

Source: IndexBox Market Intelligence Platform