Tunisia: Trailer And Semi-Trailer Market 2024

Trailer And Semi-Trailer Market Size in Tunisia

The Tunisian trailer and semi-trailer market reduced to $X in 2022, waning by -5.2% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Trailer and semi-trailer consumption peaked at $X in 2021, and then fell in the following year.

Trailer And Semi-Trailer Production in Tunisia

In value terms, trailer and semi-trailer production declined to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 33% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Trailer And Semi-Trailer Exports

Exports from Tunisia

In 2022, overseas shipments of cargo trailers and semi-trailers were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep slump. The growth pace was the most rapid in 2017 when exports increased by 129% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, trailer and semi-trailer exports surged to $X in 2022. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 74%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Togo (X units), Benin (X units) and Niger (X units) were the main destinations of trailer and semi-trailer exports from Tunisia, with a combined 82% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Togo (with a CAGR of +65.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for trailer and semi-trailer exported from Tunisia were Algeria ($X), Cote d'Ivoire ($X) and Benin ($X), together comprising 59% of total exports.

Benin, with a CAGR of +27.3%, saw the highest growth rate of 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

In 2022, the average trailer and semi-trailer export price amounted to $X per unit, reducing by -28.1% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Algeria ($X per unit), while the average price for exports to Belgium ($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 Burkina Faso (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Trailer And Semi-Trailer Imports

Imports into Tunisia

In 2022, trailer and semi-trailer imports into Tunisia contracted notably to X units, shrinking by -31.7% on 2021. Overall, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2015 with an increase of 639% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, trailer and semi-trailer imports rose rapidly to $X in 2022. In general, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 when imports increased by 115%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X units), China (X units) and Italy (X units) were the main suppliers of trailer and semi-trailer imports to Tunisia, with a combined 71% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +57.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Turkey ($X) and China ($X) constituted the largest trailer and semi-trailer suppliers to Tunisia, with a combined 76% share of total imports.

The United States, with a CAGR of +38.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average trailer and semi-trailer import price amounted to $X per unit, rising by 68% against the previous year. Over the period under review, the import price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 333% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 the United Arab Emirates ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform