Price for Tanker Trailer and Semi-Trailers in Lithuania - 2023

Contents:

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

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

In 2022, the average tanker trailer and semi-trailers import price amounted to $33,873 per unit, waning by -21.2% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tanker trailer and semi-trailers import price increased by +66.9% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the maximum at $42,982 per unit in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($61,964 per unit), while the price for the UK ($6,737 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+45.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average tanker trailer and semi-trailers export price stood at $19,862 per unit in November 2023, declining by -51.7% against the previous month. Over the period under review, the export price recorded a perceptible decrease. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 97% month-to-month. Over the period under review, the average export prices reached the peak figure at $41,089 per unit in October 2023, and then dropped sharply in the following month.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Ukraine ($29,510 per unit), while the average price for exports to Latvia totaled $10,215 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tanker Trailer and Semi-Trailers in Lithuania

Tanker trailer and semi-trailers imports into Lithuania fell modestly to 176 units in 2022, waning by -3.8% compared with 2021 figures. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of 183 units, and then declined slightly in the following year.

In value terms, tanker trailer and semi-trailers imports shrank dramatically to $6M in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports attained the peak of $7.9M, and then dropped remarkably in the following year.

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

1. Poland (29.0 units)
2. Germany (26.0 units)
3. France (25.0 units)
4. Turkey (22.0 units)
5. Denmark (19.0 units)
6. Latvia (10.0 units)
7. Belgium (8.0 units)
8. Italy (6.0 units)
9. Spain (6.0 units)
10. Netherlands (4.0 units)
11. United Kingdom (1.0 units)

Exports of Tanker Trailer and Semi-Trailers in Lithuania

After three years of growth, overseas shipments of tanker trailers and semi-trailers decreased by -32.8% to 80 units in 2022. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 69%. Over the period under review, the exports reached the maximum at 119 units in 2021, and then declined remarkably in the following year.

In value terms, tanker trailer and semi-trailers exports reduced remarkably to $1.7M in 2022. Overall, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 136%. As a result, the exports reached the peak of $3.9M, and then shrank remarkably in the following year.

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

1. Ukraine (21.0 units)
2. Latvia (13.0 units)
3. Kazakhstan (13.0 units)
4. Czech Republic (10.0 units)
5. Norway (8.0 units)
6. Estonia (2.0 units)
7. Cameroon (2.0 units)
8. Azerbaijan (2.0 units)
9. Belgium (2.0 units)
10. Poland (1.0 units)
11. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform