U.S. - Cargo Trailers and Semi-Trailers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTrailer and Semi-Trailer Price in the United States - 2023
Contents:
- Trailer and Semi-Trailer Price in the United States (CIF) - 2022
- Trailer and Semi-Trailer Price in the United States (FOB) - 2023
- Trailer and Semi-Trailer Imports in the United States
- Trailer and Semi-Trailer Exports in the United States
Trailer and Semi-Trailer Price in the United States (CIF) - 2022
In 2022, the average trailer and semi-trailer import price amounted to $10,864 per unit, rising by 14% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, trailer and semi-trailer import price increased by +15.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22%. Over the period under review, average import prices attained the peak figure at $12,044 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($18,390 per unit), while the price for Greece ($487 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Trailer and Semi-Trailer Price in the United States (FOB) - 2023
In July 2023, the average trailer and semi-trailer export price amounted to $19,166 per unit, therefore, remained relatively stable against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in September 2022 an increase of 10% month-to-month. Over the period under review, the average export prices attained the maximum at $19,213 per unit in June 2023, and then reduced modestly in the following month.
Average prices varied somewhat for the major export markets. In July 2023, the country with the highest price was Mexico ($22,358 per unit), while the average price for exports to Canada stood at $17,809 per unit.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.6%).
Trailer and Semi-Trailer Imports in the United States
In 2022, approx. 369K units of cargo trailers and semi-trailers were imported into the United States; jumping by 38% on 2021. In general, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 41%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, trailer and semi-trailer imports soared to $4B in 2022. Over the period under review, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Trailer and Semi-Trailer in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,900 | 1,325 | 2,086 | 3,405 | 21.5% |
| Canada | 249 | 227 | 279 | 363 | 13.4% |
| China | 247 | 174 | 113 | 151 | -15.1% |
| Greece | 8.9 | 18.7 | 19.3 | 14.7 | 18.2% |
| Others | 50.3 | 48.2 | 48.3 | 79.7 | 16.6% |
| Total | 2,456 | 1,792 | 2,545 | 4,014 | 17.8% |
Top Suppliers of Trailer and Semi-Trailer to the United States in 2022:
- Mexico (185.2K units)
- China (116.6K units)
- Greece (30.1K units)
- Canada (26.1K units)
Trailer and Semi-Trailer Exports in the United States
Trailer and semi-trailer exports from the United States soared to 116K units in 2022, rising by 20% on the year before. In general, exports, however, saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 30%. Over the period under review, the exports reached the peak figure at 140K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, trailer and semi-trailer exports skyrocketed to $1.9B in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +76.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Trailer and Semi-Trailer in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,083 | 764 | 1,019 | 1,445 | 10.1% |
| Mexico | 218 | 137 | 172 | 262 | 6.3% |
| Saudi Arabia | 56.7 | 5.5 | 1.7 | 5.4 | -54.3% |
| Egypt | 27.4 | 0.3 | 1.2 | 1.9 | -58.9% |
| Others | 216 | 161 | 171 | 175 | -6.8% |
| Total | 1,601 | 1,068 | 1,365 | 1,889 | 5.7% |
Top Export Markets for Trailer and Semi-Trailer from the United States in 2022:
- Egypt (undefinedK units)
- Canada (91.2K units)
- Mexico (15.2K units)
- Saudi Arabia (0.2K units)
This report provides an in-depth analysis of the trailer and semi-trailer market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29202300 - Other trailers and semi-trailers for the transport of goods
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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