U.S. Truck Trailer Market. Analysis And Forecast to 2030
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View PricingTruck Trailer Prices in the United States
U.S. Truck Trailer Import Price in August 2022
The average truck trailer price stood at $8,791 per unit in August 2022, with an increase of 17% against the previous month. Over the period under review, import price indicated resilient growth from January 2022 to August 2022: its price increased at an average monthly rate of +8.1% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, truck trailer import price decreased by -11.3% against June 2022 indices. The most prominent rate of growth was recorded in June 2022 an increase of 41% m-o-m. As a result, import price reached the peak level of $9.9M per thousand units; afterwards, it flattened through to August 2022.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Canada ($24,715 per unit), while the price for China ($694 per unit) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by China (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.
U.S. Truck Trailer Imports
In August 2022, approximately 44K units of truck trailers were imported into the United States; stabilizing at the month before. In general, imports saw a slight curtailment. The most prominent rate of growth was recorded in July 2022 with an increase of 30% against the previous month. Imports peaked at 62K units in February 2022; however, from March 2022 to August 2022, imports remained at a lower figure.
In value terms, truck trailer imports surged to $387M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +6.5% from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in March 2022 when imports increased by 26% against the previous month. Over the period under review, imports attained the maximum in August 2022.
U.S. Truck Trailer Imports by Country
In August 2022, China (28K units) constituted the largest supplier of truck trailer to the United States, accounting for a 64% share of total imports. Moreover, truck trailer imports from China exceeded the figures recorded by the second-largest supplier, Mexico (14K units), twofold.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from China stood at -3.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+5.6% per month) and Canada (+0.3% per month).
In value terms, Mexico ($333M) constituted the largest supplier of truck trailer to the United States, comprising 86% of total imports. The second position in the ranking was held by Canada ($27M), with a 7.1% share of total imports.
From January 2022 to August 2022, the average monthly rate of growth in terms of value from Mexico amounted to +7.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (-1.5% per month) and China (+11.5% per month).
This report provides an in-depth analysis of the truck 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:
- NAICS 336212 - Truck trailer manufacturing
Companies mentioned:
- Wabash National Corporation
- Utility Trailer Manufacturing Company
- Great Dane Limited Partnership
- East Manufacturing Corporation
- Trail King Industries
- Wilson Trailer Company
- Containerport Group
- R. C. Tway Company
- Stoughton Trailers
- Systems Drs Sustainment
- Xl Specialized Trailers
- Merritt Equipment Co.
- Transcraft Corporation
- Universal Trailer Cargo Group
- Wellco Holdings
- Western Trailer Co.
- Vanguard National Trailer Corporation
- Sundowner Trailers
- Schutt Industries of Clintonville
- Wis.
- Heil Trailer International
- Strick Corporation
- Brenner Tank
- Fontaine Specialized
- Universal Trailer Holdings Corp.
- Zieman Manufacturing Company
- Fontaine Commercial Trailer
- Timpte Industries
- Mac Manufacturing
- Mac Trailer Manufacturing
- Pj Trailers
- Universal Trailer Cargo Group
- Henderson Enterprises Group
- Imperial Group Manufacturing
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
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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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In August 2022, the average truck trailer import price amounted to $8,791 (CIF, US) per unit, with an increase of 17% against the previous month.
The U.S. takes second place in global truck trailer exports with a X% share (based on USD), following Germany (X%). In 2015, the U.S. exported X million USD, -X% under the previous year.
The U.S. dominates in global imports of heavy duty truck, accounting for a X% share (based on USD). It was followed by Canada (X%), Germany (X%) and France (X%). In 2015, U.S. heavy duty truck imports totaled X millio
The U.S. dominates in global imports of light truck and utility vehicle, accounting for a X% share (based on USD). It was distantly followed by Canada (X%), the United Arab Emirates (X%) and Saudi Arabia (X%). In 2015, U.S
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