EU: Petroleum-Engine Cargo Trucks Market 2024

Petroleum-Engine Cargo Trucks Market Size in the EU

The EU petroleum-engine cargo trucks market skyrocketed to $X in 2022, surging by X% against the previous year. Over the period under review, consumption showed a resilient increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Petroleum-Engine Cargo Trucks Production in the EU

In value terms, petroleum-engine cargo trucks production totaled $X in 2022 estimated in export price. Overall, production showed a resilient expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Petroleum-Engine Cargo Trucks Exports

Exports in the EU

In 2022, after six years of growth, there was decline in overseas shipments of goods vehicles, with spark-ignition internal combustion piston engine, when their volume decreased by X% to X units. In general, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2021, and then contracted slightly in the following year.

In value terms, petroleum-engine cargo trucks exports declined to $X in 2022. Over the period under review, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Spain was the main exporting country with an export of about X units, which recorded X% of total exports. France (X units) ranks second in terms of the total exports with a X% share, followed by Poland (X%), the Netherlands (X%) and Belgium (X%). The following exporters - Germany (X units) and Slovakia (X units) - each amounted to a X% share of total exports.

Exports from Spain increased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%), the Netherlands (X%), Poland (X%), France (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. While the share of Spain (X p.p.), Slovakia (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of France (X p.p.), Germany (X p.p.) and Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest petroleum-engine cargo trucks supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

In Spain, petroleum-engine cargo trucks exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, waning by X% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced a decline in the export price figures.

Petroleum-Engine Cargo Trucks Imports

Imports in the EU

In 2022, after seven years of growth, there was significant decline in overseas purchases of goods vehicles, with spark-ignition internal combustion piston engine, when their volume decreased by X% to X units. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, petroleum-engine cargo trucks imports contracted to $X in 2022. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

The countries with the highest levels of petroleum-engine cargo trucks imports in 2022 were Germany (X units), France (X units), Ireland (X units) and Belgium (X units), together accounting for X% of total import. It was distantly followed by Italy (X units), Spain (X units) and the Netherlands (X units), together constituting a X% share of total imports. Sweden (X units), Slovenia (X units), Poland (X units), Denmark (X units), Slovakia (X units) and Finland (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ireland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest petroleum-engine cargo trucks importing markets in the European Union were Germany ($X), France ($X) and Belgium ($X), together comprising X% of total imports. The Netherlands, Sweden, Italy, Poland, Spain, Denmark, Slovakia, Slovenia, Ireland and Finland lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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