Spain - Trucks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTruck Price in Spain - 2023
Contents:
- Truck Price in Spain (FOB) - 2023
- Truck Price in Spain (CIF) - 2023
- Truck Exports in Spain
- Truck Imports in Spain
Truck Price in Spain (FOB) - 2023
In June 2023, the average truck export price amounted to $34,420 per unit, rising by 2.4% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in August 2022 an increase of 38% m-o-m. As a result, the export price reached the peak level of $37,382 per unit; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($45,964 per unit), while the average price for exports to Algeria ($22,492 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Truck Price in Spain (CIF) - 2023
In June 2023, the average truck import price amounted to $34,844 per unit, falling by -10.4% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 when the average import price increased by 9% against the previous month. Over the period under review, average import prices attained the peak figure at $38,881 per unit in May 2023, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($110K per unit), while the price for Poland ($23,115 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Truck Exports in Spain
In 2022, truck exports from Spain fell to 161K units, reducing by -14% on the year before. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. The exports peaked at 200K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, truck exports declined significantly to $4.6B in 2022. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. Over the period under review, the exports attained the maximum at $5.8B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Truck in Spain (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 860 | 951 | 862 | 911 | 1.9% |
United Kingdom | 1,255 | 642 | 1,090 | 665 | -19.1% |
France | 1,182 | 1,036 | 1,142 | 561 | -22.0% |
Italy | 314 | 157 | 226 | 505 | 17.2% |
Belgium | 238 | 203 | 366 | 377 | 16.6% |
United States | 5.0 | 169 | 214 | 366 | 318.3% |
Norway | 189 | 120 | 157 | 141 | -9.3% |
Sweden | 153 | 104 | 122 | 122 | -7.3% |
Turkey | 46.9 | 67.8 | 152 | 85.1 | 22.0% |
Netherlands | 318 | 145 | 260 | 74.2 | -38.4% |
Chile | 54.3 | 53.4 | 93.6 | 69.0 | 8.3% |
Portugal | 132 | 101 | 86.5 | 66.5 | -20.4% |
Others | 1,015 | 745 | 904 | 687 | -12.2% |
Total | 5,762 | 4,496 | 5,676 | 4,630 | -7.0% |
Top Export Markets for Truck from Spain in 2022:
- Germany (29.7K units)
- United Kingdom (23.8K units)
- France (17.1K units)
- Belgium (15.5K units)
- Italy (15.2K units)
- United States (14.4K units)
- Sweden (4.0K units)
- Norway (3.9K units)
- Chile (3.6K units)
- Turkey (3.5K units)
- Netherlands (2.9K units)
- Portugal (2.2K units)
Truck Imports in Spain
In 2022, supplies from abroad of trucks was finally on the rise to reach 69K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt contraction. Over the period under review, imports hit record highs at 83K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, truck imports rose significantly to $2.2B in 2022. Overall, imports, however, recorded a noticeable setback. Over the period under review, imports hit record highs at $2.6B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Truck in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 499 | 308 | 396 | 390 | -7.9% |
France | 998 | 456 | 265 | 324 | -31.3% |
South Africa | 221 | 197 | 296 | 272 | 7.2% |
Portugal | 96.7 | 104 | 176 | 246 | 36.5% |
Italy | 203 | 165 | 198 | 242 | 6.0% |
Sweden | 13.2 | 107 | 168 | 197 | 146.2% |
Turkey | 262 | 214 | 184 | 160 | -15.2% |
Morocco | 34.3 | 32.2 | 64.7 | 123 | 53.1% |
United Kingdom | 24.7 | 57.4 | 58.3 | 93.6 | 55.9% |
Poland | 29.8 | 23.0 | 32.5 | 49.4 | 18.4% |
Netherlands | 74.4 | 32.8 | 29.0 | 31.8 | -24.7% |
Others | 96.8 | 81.0 | 81.0 | 68.4 | -10.9% |
Total | 2,553 | 1,778 | 1,950 | 2,197 | -4.9% |
Top Suppliers of Truck to Spain in 2022:
- France (10.3K units)
- Portugal (10.2K units)
- South Africa (10.1K units)
- Italy (9.5K units)
- Sweden (7.1K units)
- Turkey (4.9K units)
- Morocco (4.7K units)
- Germany (4.0K units)
- United Kingdom (3.0K units)
- Poland (2.1K units)
- Netherlands (1.1K units)
This report provides an in-depth analysis of the truck market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29104110 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight . 5 tonnes (excluding dumpers for off-highway use)
- Prodcom 29104130 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight > 5 tonnes but . .20 tonnes (including vans) (excluding dumpers for off-highway use, tractors)
- Prodcom 29104140 - Goods vehicles with compression-ignition internal combustion piston engine (diesel or semi-diesel), of a gross vehicle weight > .20 tonnes (excluding dumpers designed for offhighway use)
- Prodcom 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for trucks in 2023, including the United States, Canada, Germany, and more. Find out what drives the demand for trucks in these key countries.
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
Explore the top import markets for trucks in 2023, including the United States, Canada, Germany, and more. Find out what drives the demand for trucks in these key countries.
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...