Price for Tanker Trailers and Tanker Semi-Trailers in India - 2023

Contents:

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

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

In 2022, the average export price for tanker trailers and tanker semi-trailerses amounted to $26,591 per unit, growing by 71% against the previous year. Overall, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices reached the maximum at $105,490 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($142,279 per unit), while the average price for exports to Sierra Leone ($2,262 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 Kenya (+33.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Tanker Trailers and Tanker Semi-Trailers in India (CIF) - 2022

The average import price for tanker trailers and tanker semi-trailerses stood at $12,726 per unit in 2022, waning by -61.4% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 169%. Over the period under review, average import prices attained the peak figure at $47,913 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +49.5% per year.

Exports of Tanker Trailers and Tanker Semi-Trailers in India

In 2022, shipments abroad of tanker trailers and tanker semi-trailerses decreased by -62% to 84 units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 66% against the previous year. As a result, the exports reached the peak of 221 units, and then shrank markedly in the following year.

In value terms, tanker trailers and tanker semi-trailers exports contracted remarkably to $2.2M in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 86% against the previous year. As a result, the exports reached the peak of $6.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. Nigeria (22.0 units)
2. Bangladesh (18.0 units)
3. Gabon (15.0 units)
4. Guinea (8.0 units)
5. Kenya (7.0 units)
6. Sierra Leone (4.0 units)
7. Singapore (2.0 units)
8. Nepal (2.0 units)
9. Vietnam (2.0 units)
10. Bhutan (1.0 units)

Imports of Tanker Trailers and Tanker Semi-Trailers in India

Tanker trailers and tanker semi-trailers imports into India fell sharply to 2 units in 2022, waning by -60% compared with the previous year. Overall, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 67% against the previous year. Imports peaked at 5 units in 2021, and then declined dramatically in the following year.

In value terms, tanker trailers and tanker semi-trailers imports dropped rapidly to $25K in 2022. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 349% against the previous year. As a result, imports attained the peak of $207K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Tanker Trailers and Tanker Semi-Trailers to India in 2022:

1. Netherlands (2.0 units)

Source: IndexBox Market Intelligence Platform