Price for Tanker Trailers and Tanker Semi-Trailers in Hungary - 2023

Contents:

1. Price for Tanker Trailers and Tanker Semi-Trailers in Hungary (FOB) - 2023
2. Price for Tanker Trailers and Tanker Semi-Trailers in Hungary (CIF) - 2022
3. Exports of Tanker Trailers and Tanker Semi-Trailers in Hungary
4. Imports of Tanker Trailers and Tanker Semi-Trailers in Hungary

Price for Tanker Trailers and Tanker Semi-Trailers in Hungary (FOB) - 2023

In August 2023, the average export price for tanker trailers and tanker semi-trailerses amounted to $29,065 per unit, with a decrease of -5% against the previous month. Over the period under review, export price indicated a perceptible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, tanker trailers and tanker semi-trailers export price increased by +18.7% against April 2023 indices. The growth pace was the most rapid in July 2023 when the average export price increased by 30% m-o-m. As a result, the export price attained the peak level of $30,585 per unit, and then declined in the following month.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was New Zealand ($77,536 per unit), while the average price for exports to Kazakhstan ($14,829 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tanker Trailers and Tanker Semi-Trailers in Hungary (CIF) - 2022

In 2022, the average import price for tanker trailers and tanker semi-trailerses amounted to $34,387 per unit, waning by -14.7% against the previous year. In general, the import price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 29%. The import price peaked at $59,392 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Belgium ($90,343 per unit), while the price for Turkey ($6,585 per unit) was amongst the lowest.

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

Exports of Tanker Trailers and Tanker Semi-Trailers in Hungary

After three years of growth, shipments abroad of tanker trailers and tanker semi-trailerses decreased by -18.3% to 594 units in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, the exports reached the peak of 727 units, and then dropped significantly in the following year.

In value terms, tanker trailers and tanker semi-trailers exports shrank dramatically to $12M in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of $15M, and then fell markedly in the following year.

Top Export Markets for Tanker Trailers and Tanker Semi-Trailers from Hungary in 2022:

1. Germany (425.0 units)
2. Slovenia (91.0 units)
3. Ukraine (21.0 units)
4. Romania (12.0 units)
5. Norway (10.0 units)
6. Serbia (7.0 units)

Imports of Tanker Trailers and Tanker Semi-Trailers in Hungary

In 2022, the amount of tanker trailers and tanker semi-trailerses imported into Hungary surged to 277 units, with an increase of 71% on the year before. Over the period under review, imports recorded modest growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tanker trailers and tanker semi-trailers imports surged to $9.5M in 2022. In general, imports, however, saw a perceptible descent. Imports peaked at $11M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Tanker Trailers and Tanker Semi-Trailers to Hungary in 2022:

1. Poland (119.0 units)
2. Germany (39.0 units)
3. Turkey (27.0 units)
4. Austria (27.0 units)
5. Belgium (25.0 units)
6. Netherlands (16.0 units)
7. Italy (8.0 units)
8. Croatia (6.0 units)
9. Slovenia (2.0 units)

Source: IndexBox Market Intelligence Platform