Canada - Tyres For Motor Cars - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPassenger Car Tyre Price in Canada - 2023
Contents:
- Passenger Car Tyre Price in Canada (CIF) - 2023
- Passenger Car Tyre Price in Canada (FOB) - 2023
- Passenger Car Tyre Imports in Canada
- Passenger Car Tyre Exports in Canada
Passenger Car Tyre Price in Canada (CIF) - 2023
In June 2023, the average passenger car tyre import price amounted to $73.6 per unit, growing by 3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 6.8% against the previous month. As a result, import price attained the peak level of $74.4 per unit. From December 2022 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Slovakia ($99.2 per unit), while the price for Taiwan (Chinese) ($35.3 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Passenger Car Tyre Price in Canada (FOB) - 2023
The average passenger car tyre export price stood at $65.5 per unit in June 2023, growing by 2.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 an increase of 5.2% against the previous month. The export price peaked at $68.6 per unit in February 2023; however, from March 2023 to June 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.4% per month.
Passenger Car Tyre Imports in Canada
In 2022, the amount of tyres for motor cars imported into Canada declined to 22M units, waning by -5.2% compared with 2021 figures. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 10%. Over the period under review, imports reached the peak figure at 28M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, passenger car tyre imports surged to $1.6B in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
Import of Passenger Car Tyre in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 561 | 367 | 380 | 418 | -9.3% |
Japan | 139 | 108 | 180 | 246 | 21.0% |
China | 221 | 189 | 202 | 208 | -2.0% |
Germany | 53.6 | 46.9 | 58.6 | 72.0 | 10.3% |
Mexico | 42.7 | 40.5 | 52.6 | 61.8 | 13.1% |
South Korea | 82.6 | 52.2 | 65.1 | 57.8 | -11.2% |
Indonesia | 13.7 | 25.0 | 38.7 | 41.8 | 45.0% |
Russia | 73.5 | 65.5 | 78.8 | 36.4 | -20.9% |
Taiwan (Chinese) | 54.8 | 25.6 | 31.8 | 34.4 | -14.4% |
Romania | 13.6 | 9.3 | 18.8 | 33.7 | 35.3% |
Philippines | 41.3 | 28.3 | 24.2 | 32.5 | -7.7% |
Thailand | 57.1 | 41.3 | 44.2 | 32.2 | -17.4% |
Others | 182 | 135 | 184 | 291 | 16.9% |
Total | 1,535 | 1,134 | 1,359 | 1,565 | 0.6% |
Top Suppliers of Passenger Car Tyre to Canada in 2022:
- United States (5.4M units)
- China (5.1M units)
- Japan (2.4M units)
- South Korea (0.9M units)
- Taiwan (Chinese) (0.8M units)
- Mexico (0.8M units)
- Indonesia (0.8M units)
- Germany (0.8M units)
- Russia (0.7M units)
- Thailand (0.6M units)
- Philippines (0.5M units)
- Romania (0.3M units)
Passenger Car Tyre Exports in Canada
In 2022, approx. 11M units of tyres for motor cars were exported from Canada; reducing by -4.7% on the previous year's figure. Overall, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 25%. Over the period under review, the exports reached the peak figure at 14M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, passenger car tyre exports shrank to $695M in 2022. Over the period under review, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year. The exports peaked at $808M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Passenger Car Tyre in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 805 | 544 | 744 | 694 | -4.8% |
Others | 3.7 | 0.6 | 2.4 | 0.7 | -42.6% |
Total | 808 | 545 | 747 | 695 | -4.9% |
Top Export Markets for Passenger Car Tyre from Canada in 2022:
- United States (11.1M units)
This report provides an in-depth analysis of the passenger car tyre market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the passenger car tyre market in Canada.
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Canada.
This report provides an in-depth analysis of the tyre market in Canada.
This report provides an in-depth analysis of the aircraft tyre market in Canada.
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Canada.
This report provides an in-depth analysis of the market for truck and bus tyre in Canada.
This report provides an in-depth analysis of the soap market in Canada.
This report provides an in-depth analysis of the wood fuel market in Canada.
This report provides an in-depth analysis of the soap in bars market in Canada.
This report provides an in-depth analysis of the skim milk market in Canada.
In August 2023, aircraft tyre imports reached their highest point at 4.5K units. However, the following month showed a significant decrease. In terms of value, imports dwindled to $3.6M in September 2023.
Explore the top 10 countries in terms of import value of passenger car tyres. Discover the statistics and key numbers from IndexBox market intelligence platform.
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 X% to X%. This
In value terms, machining centres, unit construction machines imports amounted to $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value decreased at an ave...
In value terms, agricultural, horticultural, forestry equipment imports totaled $X in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total imports value increased at an ave...
In value terms, machining centres, unit construction machines exports stood at $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average ann...
In value terms, agricultural, horticultural, forestry equipment exports stood at $X in 2016. Overall, it indicated a measured expansion from 2007 to 2016: the total exports value increased at an av...
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
Despite a rather deep plunge in exports in 2014, Japan remained the leader in the global tyres for agriculture trade. In 2014, Japan exported X million units of tyres for agriculture totaling X billion USD, X% under the previous year. Its primary tr