CIS: Market for Road Tractors For Semi-Trailers 2024

Market Size for Road Tractors For Semi-Trailers in CIS

The CIS road tractor for semi-trailer market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, showed a perceptible decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Road Tractors For Semi-Trailers in CIS

In value terms, road tractor for semi-trailer production surged to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt shrinkage. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Road Tractors For Semi-Trailers

Exports in CIS

In 2021, road tractor for semi-trailer exports in the CIS dropped to X units, which is down by -10.8% compared with 2020 figures. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 41% against the previous year. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, road tractor for semi-trailer exports expanded remarkably to $X in 2021. Over the period under review, exports saw a perceptible reduction. The growth pace was the most rapid in 2013 when exports increased by 45%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X units) and Belarus (X units) prevails in exports structure, together generating 94% of total exports. Moldova (X units) and Uzbekistan (X units) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Uzbekistan (with a CAGR of +14.3%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Russia ($X), Belarus ($X) and Uzbekistan ($X) constituted the countries with the highest levels of exports in 2021, with a combined 99% share of total exports.

In terms of the main exporting countries, Uzbekistan, with a CAGR of +1.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, increasing by 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2013 when the export price increased by 39%. Over the period under review, the export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Moldova ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+4.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Road Tractors For Semi-Trailers

Imports in CIS

In 2021, approx. X units of road tractors for semi-trailers were imported in the CIS; picking up by 59% compared with the previous year. Overall, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 160%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, road tractor for semi-trailer imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 173%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Russia was the key importing country with an import of around X units, which finished at 47% of total imports. It was distantly followed by Kazakhstan (X units), Belarus (X units), Uzbekistan (X units) and Azerbaijan (X units), together mixing up a 44% share of total imports. Moldova (X units) and Tajikistan (X units) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of -13.8% from 2012 to 2021. At the same time, Uzbekistan (+146.0%), Tajikistan (+16.3%), Azerbaijan (+10.3%), Kazakhstan (+5.9%) and Moldova (+4.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +146.0% from 2012-2021. By contrast, Belarus (-4.3%) illustrated a downward trend over the same period. Kazakhstan (+15 p.p.), Uzbekistan (+6.5 p.p.), Azerbaijan (+5 p.p.), Belarus (+3.5 p.p.), Moldova (+2.5 p.p.) and Tajikistan (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -33.9% from 2012 to 2021, respectively.

In value terms, Russia ($X) constitutes the largest market for imported road tractors for semi-trailers in the CIS, comprising 63% of total imports. The second position in the ranking was taken by Belarus ($X), with a 16% share of total imports. It was followed by Kazakhstan, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value in Russia totaled -10.1%. In the other countries, the average annual rates were as follows: Belarus (+0.7% per year) and Kazakhstan (-1.0% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per unit, with an increase of 2.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2015 when the import price increased by 26%. Over the period under review, import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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