Austria: Trailer And Semi-Trailer Market 2024

Trailer And Semi-Trailer Market Size in Austria

The Austrian trailer and semi-trailer market rose modestly to $X in 2022, increasing by 4.8% against the previous year. Overall, consumption, however, saw a resilient increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Trailer And Semi-Trailer Production in Austria

In value terms, trailer and semi-trailer production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Trailer And Semi-Trailer Exports

Exports from Austria

In 2022, trailer and semi-trailer exports from Austria shrank to X units, which is down by -12.1% compared with 2021 figures. Over the period under review, exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2018 with an increase of 13%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, trailer and semi-trailer exports rose markedly to $X in 2022. The total export value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for trailer and semi-trailer exports from Austria, with a 35% share of total exports. Moreover, trailer and semi-trailer exports to Germany exceeded the volume sent to the second major destination, Poland (X units), threefold. The third position in this ranking was held by Romania (X units), with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+8.7% per year) and Romania (+10.4% per year).

In value terms, Germany ($X) remains the key foreign market for cargo trailers and semi-trailers exports from Austria, comprising 30% of total exports. The second position in the ranking was taken by Poland ($X), with a 15% share of total exports. It was followed by Romania, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+13.2% per year) and Romania (+17.6% per year).

Export Prices by Country

In 2022, the average trailer and semi-trailer export price amounted to $X per unit, growing by 23% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 export price increased by +75.5% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 26% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Bosnia and Herzegovina ($X 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 the Czech Republic (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Trailer And Semi-Trailer Imports

Imports into Austria

In 2022, trailer and semi-trailer imports into Austria contracted modestly to X units, falling by -2.9% on 2021. In general, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 92% against the previous year. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, trailer and semi-trailer imports expanded notably to $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 50% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of trailer and semi-trailer to Austria, accounting for a 57% share of total imports. Moreover, trailer and semi-trailer imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), sixfold. The third position in this ranking was held by the Netherlands (X units), with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+15.6% per year) and the Netherlands (+11.4% per year).

In value terms, Germany ($X) constituted the largest supplier of cargo trailers and semi-trailers to Austria, comprising 60% of total imports. The second position in the ranking was taken by Turkey ($X), with a 7.8% share of total imports. It was followed by Poland, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+46.7% per year) and Poland (+19.3% per year).

Import Prices by Country

The average trailer and semi-trailer import price stood at $X per unit in 2022, increasing by 17% against the previous year. Overall, the import price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform