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In 2016, the amount of agriculture tire imported worldwide stood at 26M tonnes, rising by 4% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by 4% y-o-y. Over the period under review, global agriculture tire imports attained its maximum volume in 2016, and are expected to retain its growth in the near future. In value terms, agriculture tire imports stood at $71B in 2016. The total import value increased at an average annual rate of +2.3% from 2007 to 2016; the trend pattern indicated some noticeable fluctuations in certain years. Global agriculture tire import peaked of $85B in 2013; however, from 2014 to 2016, it failed to regain its strength. Top Agriculture Tire Importing Countries in the World 1. USA (13.8 billion USD) 2. Germany (6.6 billion USD) 3. France (3.2 billion USD) 4. United Kingdom (2.4 billion USD) 5. Australia (1.8 billion USD) 6. Spain (1.6 billion USD) 7. Poland (1.1 billion USD) 8. Japan (1.0 billion USD) 9. China (0.7 billion USD) 10. South Korea (0.6 billion USD) 11. Indonesia (0.4 billion USD) 12. Thailand (0.3 billion USD) Agriculture Tire Imports By Country China (6.3M tonnes) was the major importer of agriculture tire in the world, accounting for 6.3M tonnes, which was near 25% of total imports in 2016. Japan (1.6M tonnes) held a 6% share (based on tonnes) of global agriculture tire imports, which put it in second place, following Germany (6%), and France (5%). The U.S. (1.1M tonnes), South Korea (889K tonnes), Thailand (640K tonnes), Spain (629K tonnes), Indonesia (625K tonnes), the UK (623K tonnes), Poland (552K tonnes), and Australia (493K tonnes) followed a long way behind this figure. From 2007 to 2016, average annual rates of growth with regard to agriculture tire imports into China stood at +3.2%. At the same time, Indonesia (+6.9%), Australia (+4.2%), Poland (+2.5%), Germany (+2.4%), and Spain (+1.4%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest growing importer/exporter in the world, with a CAGR of +6.9% from 2007-2016. South Korea, Japan, the UK, Thailand, and France experienced a relatively flat trend pattern. By contrast, the U.S. (-12.7%) illustrated a downward trend over the same period. From 2007 to 2016, the share of the U.S. increased by 10% percentage points, while China (-6.0%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period. In value terms, the U.S. ($14B) constitutes the largest market for imported agriculture tire worldwide, making up 19% of global imports. The second position in the ranking was occupied by Germany ($6.6B), with the share of 9% of global imports. It was followed by France, with the share of 4%. In the U.S., agriculture tire imports expanded at an average annual rate of +4.0% over the period from 2007-2016. The remaining importing countries recorded the following average annual rates: Germany (+1.9% per year) and France (+1.0% per year). Agriculture Tire Import Prices By Country In 2016, the average import price for agriculture tire amounted to $2,767 per tonne, reducing by -7.1% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +2.2%.The growth pace was the most rapid in 2010, when import increased by 18% y-o-y. Over the period under review, average agriculture tire import price reached its maximum level of $3,563 per tonne in 2013; however, from 2014 to 2016, it failed to regain its strength. There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the U.S. ($13 per kg), while China ($113 per tonne) was among the lowest. From 2007 to 2016, the most notable growth rate of agriculture tire import prices was attained by the U.S. (+19.1% per year), while the other global leaders experienced more modest paces of growth. Do you want to know more about global agriculture tire market? Get the latest trends and insight from our report. It includes a wide range of statistics on agriculture tire market share agriculture tire prices agriculture tire industry agriculture tire sales agriculture tire import agriculture tire export agriculture tire market forecast agriculture tire price forecast key agriculture tire producers All data provided in this article covers the following product: HS Code 4011 - New pneumatic tyres, of rubber. Source: World: Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles - Market Report. Analysis and Forecast to 2025level.

In 2016, the global exports of agriculture tire totaled 18M tonnes, ascending by 4% against the previous year level.

In 2014, a restrictive tax duty was introduced in the USA, with regard to the import of car tyres from the People's Republic of China (PRC). As a result, the share of Chinese-manufactured car tyres on the American market has fallen from 13% to 6%. This decline, has, in turn, led to a drop in car tyre output in China, recorded initially as of 2008: the drop in USA imports was not offset by increased exports to other countries. At the same time, American manufacturers could only partly satisfy the newly-nascent market niche. Car tyre manufacturers elsewhere in Asia have taken advantage of the reduced presence of Chinese companies in the USA; this accounts for the relatively insignificant growth in USA car tyre output, against the increase in Asian exports. The restrictive tax duty may have an adverse impact on the position of American car tyre producers operating not only in the PRC, but also enhance competition worldwide, as Chinese companies could diversify their supplies to new markets.  

The U.S. leads the way in global imports of tires, accounting for an 18% share (based on USD). It was followed by Germany (9%) and France (5%). U.S. tire imports totaled 15,221 million USD in 2015, which was 352 million USD (2%) less than the year before.

From 2007 to 2014, EU production of tyres for buses or lorries showed negative dynamics, except for the rise of 2010 and 2011. It fell from 58.7 million units in 2007 to 41.4 million units in 2014, dropping with a CAGR of 4.9% over the period under review. In value terms, EU tyre production decreased to 4,621 million EUR in 2014, falling by 2.0% annually.

China dominates in the global tyres for motorcycles or bicycles trade. In 2014, China exported 84.9 million units of tyres for motorcycles or bicycles totaling 591 million USD, 12% over the previous year. Its primary trading partner was Nigeria, where it supplied 12% of its total tyres for motorcycles or bicycles exports in value terms, accounting for 97.5% of Nigeria's total imports.

China dominates in the global tyres for buses or lorries trade. In 2014, CNTR exported 49.9 million units of tyres for buses or lorries totaling 8.5 billion USD, 5% over the previous year. Its primary trading partner was the U.S., where it supplied 21.9% of its total tyres for buses or lorries exports in value terms, accounting for 40.7% of U.S. total imports.

Despite a rather deep plunge in exports in 2014, Japan remained the leader in the global tyres for agriculture trade. In 2014, Japan exported 1.3 million units of tyres for agriculture totaling 2 billion USD, 21% under the previous year. Its primary trading partner was the U.S., where it supplied 15.3% of its total tyres for agriculture exports in value terms, accounting for 14.8% of the U.S.'s total imports.

China's tyre market showed steady growth, rising from 5.3 billion USD in 2007 to 20.2 billion USD in 2013, with a CAGR of 25%. In physical terms, it expanded with a CAGR of 14%, reaching 534 million units in 2013.