Netherlands: Trailer And Semi-Trailer Market 2024

Trailer And Semi-Trailer Market Size in the Netherlands

In 2022, the Dutch trailer and semi-trailer market increased by 53% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption recorded a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Trailer And Semi-Trailer Production in the Netherlands

In value terms, trailer and semi-trailer production rose sharply to $X in 2022 estimated in export price. In general, production, however, saw a mild descent. The pace of growth was the most pronounced in 2017 with an increase of 39%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Trailer And Semi-Trailer Exports

Exports from the Netherlands

In 2022, trailer and semi-trailer exports from the Netherlands expanded rapidly to X units, with an increase of 11% on the year before. In general, total exports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.7% 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 +45.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, trailer and semi-trailer exports soared to $X in 2022. Overall, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +8.1% 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 +58.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for trailer and semi-trailer exports from the Netherlands, accounting for a 34% share of total exports. Moreover, trailer and semi-trailer exports to Germany exceeded the volume sent to the second major destination, Belgium (X units), twofold. France (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+8.3% per year) and France (+8.1% per year).

In value terms, the largest markets for trailer and semi-trailer exported from the Netherlands were Germany ($X), France ($X) and Belgium ($X), together comprising 50% of total exports. The UK, Poland, Spain, Italy, Denmark and Romania lagged somewhat behind, together accounting for a further 25%.

Spain, with a CAGR of +29.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average trailer and semi-trailer export price stood at $X per unit in 2022, increasing by 14% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 55%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Romania ($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 France (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Trailer And Semi-Trailer Imports

Imports into the Netherlands

In 2022, approx. X units of cargo trailers and semi-trailers were imported into the Netherlands; waning by -16.8% on the previous year's figure. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +7.4% 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 +9.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 51%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, trailer and semi-trailer imports amounted to $X in 2022. Overall, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X units) constituted the largest trailer and semi-trailer supplier to the Netherlands, with a 37% share of total imports. Moreover, trailer and semi-trailer imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. Belgium (X units) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+54.2% per year) and Belgium (+2.5% per year).

In value terms, Germany ($X) constituted the largest supplier of cargo trailers and semi-trailers to the Netherlands, comprising 58% of total imports. The second position in the ranking was held by Turkey ($X), with a 15% share of total imports. It was followed by Belgium, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+72.9% per year) and Belgium (+9.8% per year).

Import Prices by Country

The average trailer and semi-trailer import price stood at $X per unit in 2022, picking up by 25% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 import price increased by +89.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 41% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Denmark ($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 (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform