East European trailer market stalls…again

The East European trailer market has stalled once again, according to a new analysis produced by Clear International. The report suggests that the instability in Ukraine plus the plummeting oil price has had a “devastating impact” on the outlook for trailer demand in Russia. Nearly 24,000 trailers have been wiped from the demand forecast for the 2015 – 2019 period, with most of that falling in 2015/2016. That is in addition to the reductions made to the forecasts in 2014 following the annexation of Crimea. The latest forecast reductions affect Russia, Ukraine and Belarus.

The rest of this article is for subscribers only:
Log inSubscribe

Comments closed