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Global Trailer axle Market 2026: world trade, top exporters and key figures

World exports of trailer axle (HS 871690) reached $10.50 billion in 2024, 14% more than in 2019. China was the largest exporter with 24% of the world total, and Germany was the largest buyer.

+14% since 2019

World exports were 14% higher in 2024 than in 2019 ($9.22 billion), calculated from the annual totals

24% of world exports

China was the largest exporter in 2024, with 24% of world exports ($2.54 billion)

53% of world exports

The three largest exporters, China, Germany and the United States, shipped 53% of world exports in 2024

What this market covers

Axles that carry the weight of road trailers and semi trailers, with brakes and suspension mounts. Buyers are trailer builders and fleet operators.

Typical segments

  • Drum brake axles
  • Disc brake axles
  • Steerable axles
  • Lift axles
ChartWorld exports of HS 871690, USD million
World exports of HS 871690, USD million02,5005,0007,50010k12.5k2017: 8,605 USD million8,60520172018: 9,853 USD million20182019: 9,220 USD million20192020: 8,326 USD million20202021: 11.9k USD million20212022: 12.5k USD million20222023: 12.1k USD million20232024: 10.5k USD million10.5k2024

Why this market is moving now

  • World trade grew 14% from 2019 to 2024, a direct read on cross-border demand.

Key figures

Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.

FigureValueYearCite
World exports of trailer axle (HS 871690) were worth $10.50 billion in 2024.10.50 USD billion2024
World exports were 14% higher in 2024 than in 2019 ($9.22 billion), calculated from the annual totals.+14 % since 20192024
China was the largest exporter in 2024, with 24% of world exports ($2.54 billion).24 % of world exports2024
The three largest exporters, China, Germany and the United States, shipped 53% of world exports in 2024.53 % of world exports2024
Germany was the largest importer in 2024, buying $1.46 billion, or 14% of world imports.14 % of world imports2024
65 countries exported more than $1 million of this product in 2024.65 countries2024
The average world export price was about $4.02 per kilogram in 2024, calculated from value and weight.4.02 USD per kg2024
Countries exported 2.61 million tonnes of this product in 2024.2.61 million tonnes2024

Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.

Buyers and suppliers

Who buys

  • Trailer builders
  • Fleet operators
  • Aftermarket parts dealers

Largest exporting countries, 2024

  1. China2,542.2 USD million
  2. Germany1,966.5 USD million
  3. United States1,088.9 USD million
  4. Hungary501.1 USD million
  5. Poland466.4 USD million
  6. Italy386.4 USD million
  7. Netherlands349.3 USD million
  8. Turkey309.8 USD million
  9. Mexico221.0 USD million
  10. India219.2 USD million

Largest importing countries, 2024

  1. Germany1,455.4 USD million
  2. United States1,188.6 USD million
  3. Mexico836.8 USD million
  4. France514.9 USD million
  5. Netherlands473.1 USD million
  6. United Kingdom461.6 USD million
  7. Canada442.4 USD million
  8. Poland376.6 USD million
  9. Australia331.4 USD million
  10. Belgium293.4 USD million

What the full report covers

  1. 01Executive summary
    The answer in one page: size, direction and what moves it
  2. 02Market definition and scope
    What is in and out of the global market
  3. 03Global market size, 2021 to 2025
    Historical series and growth rates
  4. 04Countries and regions
    Demand, supply and trade by country and region
  5. 05Outlook to 2031
    Base, low and high scenarios with stated assumptions
  6. 06Rules, policy and deadlines
    Regulation and programmes that change demand
  7. 07Drivers and barriers
    What accelerates or slows adoption, by customer segment
  8. 08Prices, costs and margins
    Unit economics where public data allows
  9. 09Competitive landscape
    8 to 12 company profiles with recent moves
  10. 10Opportunities and risks
    For new entrants, suppliers and investors
  11. 11Method and assumptions
    How every figure was built

Included with the full report

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  • Excel data pack
  • Ready-to-use charts
  • Method note and assumptions
  • Written to order in 5 working days
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Frequently asked questions

How big is the global trailer axle market?

There is no single official market total. World exports of HS 871690 reached $10.50 billion in 2024, a direct measure of cross-border trade.

Which countries export the most trailer axle?

China led world exports in 2024 with 24% of the total, followed by Germany, the United States and Hungary.

Which countries import the most trailer axle?

Germany was the largest importer in 2024, followed by the United States, Mexico and France.

Is world trade in trailer axle growing?

World exports were 14% higher in 2024 than in 2019.

What is the average export price of trailer axle?

Dividing world export value by weight gives about $4.02 per kilogram in 2024.

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