Price for Tanker Trailers and Tanker Semi-Trailers in Canada - 2023
Contents:
- Price for Tanker Trailers and Tanker Semi-Trailers in Canada (FOB) - 2023
- Price for Tanker Trailers and Tanker Semi-Trailers in Canada (CIF) - 2022
- Exports of Tanker Trailers and Tanker Semi-Trailers in Canada
- Imports of Tanker Trailers and Tanker Semi-Trailers in Canada
Price for Tanker Trailers and Tanker Semi-Trailers in Canada (FOB) - 2023
In September 2023, the average export price for tanker trailers and tanker semi-trailerses amounted to $75,895 per unit, with a decrease of -13.6% against the previous month. Overall, the export price showed a slight curtailment. The most prominent rate of growth was recorded in March 2023 an increase of 23% m-o-m. As a result, the export price attained the peak level of $121K per unit; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($77,851 per unit), while the average price for exports to Saudi Arabia amounted to $49,979 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.0%).
Price for Tanker Trailers and Tanker Semi-Trailers in Canada (CIF) - 2022
In 2022, the average import price for tanker trailers and tanker semi-trailerses amounted to $73,505 per unit, increasing by 28% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The import price peaked at $117,120 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 Mexico ($84,602 per unit), while the price for China ($52,272 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+146.3%), while the prices for the other major suppliers experienced a decline.
Exports of Tanker Trailers and Tanker Semi-Trailers in Canada
In 2022, approx. 607 units of tanker trailers and tanker semi-trailerses were exported from Canada; falling by -8% compared with the previous year's figure. In general, exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports reached the maximum at 688 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, tanker trailers and tanker semi-trailers exports expanded significantly to $52M in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8.7%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Tanker Trailers and Tanker Semi-Trailers in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 45.2 | 44.2 | 46.8 | 51.0 | 4.1% |
| United Arab Emirates | 1.1 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.1 | 1.4 | 1.2 | 44.2% |
| Total | 46.7 | 44.3 | 48.2 | 52.2 | 3.8% |
Top Export Markets for Tanker Trailers and Tanker Semi-Trailers from Canada in 2022:
- United States (599.0 units)
Imports of Tanker Trailers and Tanker Semi-Trailers in Canada
In 2022, the amount of tanker trailers and tanker semi-trailerses imported into Canada expanded notably to 515 units, surging by 14% against the previous year. Overall, imports, however, showed a mild reduction. Over the period under review, imports reached the maximum at 542 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, tanker trailers and tanker semi-trailers imports soared to $38M in 2022. In general, imports, however, continue to indicate a perceptible downturn. Imports peaked at $41M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Tanker Trailers and Tanker Semi-Trailers in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 40.3 | 27.3 | 24.7 | 33.5 | -6.0% |
| Mexico | 0.1 | 0.3 | 0.4 | 2.9 | 207.2% |
| China | N/A | 0.6 | 0.9 | 1.5 | 58.1% |
| Others | 0.2 | 0.6 | 0.1 | N/A | -29.3% |
| Total | 40.6 | 28.8 | 26.1 | 37.9 | -2.3% |
Top Suppliers of Tanker Trailers and Tanker Semi-Trailers to Canada in 2022:
- United States (453.0 units)
- Mexico (34.0 units)
- China (28.0 units)
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