Looking Back to 2022 with TIRPORT

Looking Back to 2022 with TIRPORT

In 2022, the global production volume exceeded 30 trillion dollars and the logistics market size exceeded 5.2 trillion dollars.

After the pandemic, the Turkish Logistics Sector continues to grow both in transportation and storage. The market size is over 100 billion dollars. As of September 2022, daily average. The FTL volume, which reached 480 thousand trucks, fell to 400 thousand due to the low production in the last quarter, the fact that many global brands reached their 2022 sales targets as of October, the preference of some manufacturers for stock-purpose production due to inflationary expectations, etc. It is expected to increase again by January 2023, exceeding 475 thousand trucks per day in 23Q1.

In January-December 2022, the heavy commercial vehicle market grew by more than 20% compared to the same period of the previous year, with truck-tractor sales exceeding 37 thousand again. Growth is expected to continue in 2023 and surpass 40,000, setting a new record.

In 2022, freight rates increased by 40% in Europe compared to the previous year, while in Turkey they increased by 207%. Freight rates started January 2023 with an increase of 10-15%.

According to TIRPORT Insights data; in the last quarter of 2019 before the pandemic, a truck traveled an average of 346 km loaded. on its way. The average realized freight rate was around 2,300 TL. By 2023, the distance a truck travels with a load has increased by 23% to 424 km. In the same period, the price of diesel fuel increased more than 3.5 times, resulting in trucks choosing not to drive empty. Because even if a truck/trailer is empty, it burns between 25-32 liters of fuel per 100 km, costing a minimum of 550 TL.