China - Tyres For Motor Cars - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPassenger Car Tyre Price in China - 2023
Contents:
- Passenger Car Tyre Price in China (FOB) - 2023
- Passenger Car Tyre Price in China (CIF) - 2023
- Passenger Car Tyre Exports in China
- Passenger Car Tyre Imports in China
Passenger Car Tyre Price in China (FOB) - 2023
The average passenger car tyre export price stood at $26.3 per unit in June 2023, with an increase of 1.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $27.9 per unit in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Netherlands ($32.6 per unit), while the average price for exports to Brazil ($20.5 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Passenger Car Tyre Price in China (CIF) - 2023
In June 2023, the average passenger car tyre import price amounted to $101 per unit, picking up by 4.8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in January 2023 an increase of 12% month-to-month. The import price peaked in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was France ($159 per unit), while the price for Thailand ($61.2 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 Poland (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Passenger Car Tyre Exports in China
In 2022, approx. 251M units of tyres for motor cars were exported from China; with an increase of 142% against the year before. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, passenger car tyre exports expanded significantly to $6.7B in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Passenger Car Tyre in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 444 | 407 | 439 | 456 | 0.9% |
| Germany | 254 | 216 | 249 | 326 | 8.7% |
| Mexico | 203 | 174 | 267 | 305 | 14.5% |
| Brazil | 204 | 140 | 238 | 301 | 13.8% |
| Australia | 220 | 205 | 240 | 273 | 7.5% |
| Russia | 124 | 103 | 156 | 269 | 29.5% |
| Japan | 223 | 190 | 255 | 264 | 5.8% |
| Saudi Arabia | 245 | 164 | 244 | 261 | 2.1% |
| Netherlands | 190 | 196 | 254 | 247 | 9.1% |
| France | 162 | 145 | 183 | 206 | 8.3% |
| Italy | 163 | 129 | 133 | 176 | 2.6% |
| Spain | 153 | 126 | 146 | 154 | 0.2% |
| Iraq | 95.8 | 79.6 | 109 | 136 | 12.4% |
| Others | 2,889 | 2,591 | 3,216 | 3,367 | 5.2% |
| Total | 5,570 | 4,867 | 6,125 | 6,740 | 6.6% |
Top Export Markets for Passenger Car Tyre from China in 2022:
- United Kingdom (18.0M units)
- Brazil (13.4M units)
- Mexico (12.6M units)
- Germany (10.9M units)
- Saudi Arabia (9.8M units)
- Japan (9.6M units)
- Russia (9.4M units)
- Netherlands (8.9M units)
- France (8.1M units)
- Australia (7.6M units)
- Italy (6.3M units)
- Spain (6.2M units)
- Iraq (5.8M units)
Passenger Car Tyre Imports in China
In 2022, approx. 6.2M units of tyres for motor cars were imported into China; falling by -48.9% against the previous year. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 12M units, and then fell significantly in the following year.
In value terms, passenger car tyre imports plummeted to $535M in 2022. Over the period under review, imports showed a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports reached the peak of $673M, and then fell significantly in the following year.
| Import of Passenger Car Tyre in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 60.8 | 77.2 | 97.2 | 86.5 | 12.5% |
| Germany | 80.1 | 72.5 | 126 | 78.2 | -0.8% |
| Japan | 32.2 | 37.5 | 44.4 | 51.1 | 16.6% |
| Italy | 30.9 | 31.0 | 37.7 | 41.7 | 10.5% |
| Poland | 45.7 | 53.3 | 34.5 | 35.0 | -8.5% |
| South Korea | 5.5 | 12.4 | 37.5 | 33.8 | 83.2% |
| Hungary | 18.0 | 18.0 | 36.3 | 29.3 | 17.6% |
| Romania | 39.1 | 43.7 | 61.0 | 27.6 | -11.0% |
| France | 26.0 | 20.1 | 34.3 | 24.2 | -2.4% |
| Mexico | 19.7 | 20.3 | 27.3 | 20.7 | 1.7% |
| United States | 13.7 | 17.3 | 24.2 | 20.2 | 13.8% |
| Spain | 8.1 | 21.4 | 13.2 | 12.4 | 15.3% |
| Vietnam | 9.5 | 10.9 | 7.6 | 4.1 | -24.4% |
| Others | 167 | 97.4 | 92.3 | 70.4 | -25.0% |
| Total | 557 | 533 | 673 | 535 | -1.3% |
Top Suppliers of Passenger Car Tyre to China in 2022:
- Thailand (1545.0K units)
- Japan (678.6K units)
- Germany (656.1K units)
- South Korea (587.6K units)
- Poland (386.2K units)
- Italy (341.6K units)
- Romania (259.4K units)
- Hungary (237.0K units)
- France (176.9K units)
- Mexico (156.2K units)
- United States (155.1K units)
- Spain (148.5K units)
- Vietnam (129.8K units)
This report provides an in-depth analysis of the passenger car tyre market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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