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

Contents:

  1. Price for Non-Tanker Trailer and Semi-Trailers in Mexico (FOB) - 2023
  2. Price for Non-Tanker Trailer and Semi-Trailers in Mexico (CIF) - 2022
  3. Exports of Non-Tanker Trailer and Semi-Trailers in Mexico
  4. Imports of Non-Tanker Trailer and Semi-Trailers in Mexico

Price for Non-Tanker Trailer and Semi-Trailers in Mexico (FOB) - 2023

The average non-tanker trailer and semi-trailers export price stood at $26,160 per unit in December 2023, waning by -3.9% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 71% m-o-m. Over the period under review, the average export prices reached the maximum at $27,220 per unit in November 2023, and then fell slightly in the following month.

As there is only one major export destination, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.6% per month.

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

The average non-tanker trailer and semi-trailers import price stood at $8,431 per unit in 2022, growing by 64% against the previous year. Overall, the import price showed a buoyant increase. The pace of growth was the most pronounced in 2014 an increase of 203% against the previous year. The import price peaked at $22,264 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.4% per year.

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

Non-tanker trailer and semi-trailers exports from Mexico dropped rapidly to 180K units in 2022, shrinking by -31.1% against the previous year's figure. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 252% against the previous year. As a result, the exports reached the peak of 262K units, and then dropped significantly in the following year.

In value terms, non-tanker trailer and semi-trailers exports soared to $3.2B in 2022. Overall, exports, however, saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Non-Tanker Trailer and Semi-Trailers in Mexico (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.71.32.03.223.5%
OthersN/AN/AN/AN/A0%
Total1.81.32.03.221.1%

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

  1. United States (180.5K units)

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

In 2022, non-tanker trailer and semi-trailers imports into Mexico declined to 32K units, which is down by -10.4% on the previous year. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 308%. As a result, imports reached the peak of 35K units, and then dropped in the following year.

In value terms, non-tanker trailer and semi-trailers imports surged to $268M in 2022. Overall, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Non-Tanker Trailer and Semi-Trailers in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2491581802642.0%
Others5.56.03.04.1-9.3%
Total2541641832681.8%

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

  1. United States (28.3K units)

Source: IndexBox Market Intelligence Platform

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