Slovakia: Trailer And Semi-Trailer Market 2024

Trailer And Semi-Trailer Market Size in Slovakia

The Slovak trailer and semi-trailer market amounted to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption showed a deep setback. Trailer and semi-trailer consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Trailer And Semi-Trailer Production in Slovakia

In value terms, trailer and semi-trailer production reduced remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by 167%. Trailer and semi-trailer production peaked at $X in 2021, and then declined dramatically in the following year.

Trailer And Semi-Trailer Exports

Exports from Slovakia

After two years of decline, shipments abroad of cargo trailers and semi-trailers increased by 61% to X units in 2022. Over the period under review, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, trailer and semi-trailer exports fell to $X in 2022. Overall, exports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 29% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X units) was the main destination for trailer and semi-trailer exports from Slovakia, with a 83% share of total exports. Moreover, trailer and semi-trailer exports to Ukraine exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. Romania (X units) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine totaled +50.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-10.1% per year) and Romania (-1.7% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for cargo trailers and semi-trailers exports from Slovakia, comprising 53% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.8% share of total exports. It was followed by Romania, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine totaled +37.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-8.0% per year) and Romania (+3.0% per year).

Export Prices by Country

In 2022, the average trailer and semi-trailer export price amounted to $X per unit, dropping by -39.9% against the previous year. Overall, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25%. As a result, the export price reached the peak level of $X per unit, and then shrank sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Ukraine ($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 (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Trailer And Semi-Trailer Imports

Imports into Slovakia

In 2022, the amount of cargo trailers and semi-trailers imported into Slovakia declined notably to X units, reducing by -26.6% against the previous year's figure. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 134%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, trailer and semi-trailer imports dropped to $X in 2022. Over the period under review, imports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), Poland (X units) and the Czech Republic (X units) were the main suppliers of trailer and semi-trailer imports to Slovakia, together comprising 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +14.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of cargo trailers and semi-trailers to Slovakia, comprising 40% of total imports. The second position in the ranking was taken by Poland ($X), with an 18% share of total imports. It was followed by Hungary, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+24.5% per year) and Hungary (-1.8% per year).

Import Prices by Country

In 2022, the average trailer and semi-trailer import price amounted to $X per unit, surging by 20% against the previous year. In general, the import price posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 266% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Hungary ($X per unit), while the price for Poland ($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 (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform