Tag: Clear

East European trailer demand downgraded due to Turkey instability

18th October 2019 | 0 Comments

Demand for trailers grew by 4.4 per cent in Eastern Europe in 2018, according to the latest research released by Clear. The market has grown every year for the last six years, but that growth has been quite moderate.  Nevertheless, trailer sales in 2018 were the third highest on record, only surpassed in 2007 and 2008.  The forecast for 2023 is that registrations of new trailers will be heading towards an all-time record.

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Analysts upgrade 2018 West European trailer market forecast

24th November 2017 | 0 Comments

Instead of demand dropping by approximately 9 per cent in 2018 a decline in demand of 5 per cent is now forecast, followed by a further drop in 2019 leading to a total shrinking of the market by 13 per cent over the two years. According to the agency “Clear”, for 2017 the demand for trailers increased in the first half of the year but will have close to zero growth in the second half. Overall 2017 will see a 3 per cent increase in registrations.

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East European Trailer Market hit by more falls in Turkish vehicle demand

17th October 2017 | 0 Comments

Market analysts at Clear report that the Eastern Europe trailer market has been hit by a severe downturn in the Turkish market for commercial vehicles. The forecast for Turkey in 2017 is for a fall in trailer demand of 29 per cent on the back of large declines in 2015 and 2016. Political instability had already undermined business confidence in early 2016 and then in mid-year there was an attempted military coup. This had a dire and worsening effect on business investment. As a result, a further 19,700 trailers have been wiped from the Turkish forecast.

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