Eastern Europe: Market for Road Tractors For Semi-Trailers 2024

Market Size for Road Tractors For Semi-Trailers in Eastern Europe

The East European road tractor for semi-trailer market rose remarkably to $X.9B in 2022, increasing by X% against the previous year. In general, consumption, however, showed buoyant growth. The level of consumption peaked at $X.6B in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Road Tractors For Semi-Trailers in Eastern Europe

In value terms, road tractor for semi-trailer production expanded to $X.8B in 2022 estimated in export price. In general, production, however, showed strong growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X.4B in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Road Tractors For Semi-Trailers

Exports in Eastern Europe

In 2022, the amount of road tractors for semi-trailers exported in Eastern Europe declined to X units, which is down by X% on the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then contracted in the following year.

In value terms, road tractor for semi-trailer exports shrank rapidly to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

Poland was the major exporter of road tractors for semi-trailers in Eastern Europe, with the volume of exports reaching X units, which was near X% of total exports in 2022. Lithuania (X units) ranks second in terms of the total exports with a X% share, followed by Hungary (X%), the Czech Republic (X%), Slovakia (X%) and Bulgaria (X%). Romania (X units) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%), Bulgaria (X%), Lithuania (X%), Hungary (X%) and Romania (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. The Czech Republic experienced a relatively flat trend pattern. From 2012 to 2022, the share of Lithuania, Poland, Slovakia and Bulgaria increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest road tractor for semi-trailer supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

In Poland, road tractor for semi-trailer exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Lithuania (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then dropped in the following year.

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

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

Imports of Road Tractors For Semi-Trailers

Imports in Eastern Europe

Road tractor for semi-trailer imports shrank sharply to X units in 2022, waning by X% compared with the previous year's figure. Overall, imports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, road tractor for semi-trailer imports fell rapidly to $X in 2022. Over the period under review, imports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Poland (X units) and Ukraine (X units) were the key importers of road tractors for semi-trailers in Eastern Europe, together achieving X% of total imports. It was distantly followed by Lithuania (X units), the Czech Republic (X units), Romania (X units) and Slovakia (X units), together mixing up a X% share of total imports. Hungary (X units) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported road tractors for semi-trailers in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total imports. It was followed by Ukraine, with an X% share.

In Poland, road tractor for semi-trailer imports 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: Lithuania (X% per year) and Ukraine (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Ukraine ($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 more modest paces of growth.

Source: IndexBox Platform

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