Germany - Tyres For Buses Or Lorries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Germany - Tyres For Buses Or Lorries - Market Analysis, Forecast, Size, Trends and Insights

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Price for Truck and Bus Tyre in Germany - 2023

Contents:

  1. Price for Truck and Bus Tyre in Germany (CIF) - 2023
  2. Price for Truck and Bus Tyre in Germany (FOB) - 2023
  3. Imports of Truck and Bus Tyre in Germany
  4. Exports of Truck and Bus Tyre in Germany

Price for Truck and Bus Tyre in Germany (CIF) - 2023

The average truck and bus tyre import price stood at $175 per unit in June 2023, flattening at the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 8.3% against the previous month. Over the period under review, average import prices attained the maximum at $176 per unit in May 2023, and then fell modestly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($347 per unit), while the price for Vietnam ($101 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 Italy (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Truck and Bus Tyre in Germany (FOB) - 2023

In June 2023, the average truck and bus tyre export price amounted to $197 per unit, almost unchanged from the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in January 2023 when the average export price increased by 12% m-o-m. The export price peaked at $199 per unit in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were the United States ($247 per unit) and Switzerland ($239 per unit), while the average price for exports to Luxembourg ($168 per unit) and Poland ($177 per unit) were 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 United States (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Truck and Bus Tyre in Germany

In 2022, approx. 14M units of tyres for buses or lorries were imported into Germany; surging by 7.9% on 2021. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, truck and bus tyre imports expanded significantly to $1.8B in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Truck and Bus Tyre in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia210177195208-0.3%
Turkey11696.613416712.9%
Luxembourg1491341571643.2%
Poland1191191511579.7%
Spain96.195.41161145.9%
Czech Republic11289.0102108-1.2%
United States85.970.597.51015.5%
China52.146.364.310124.7%
Thailand41.046.164.710034.6%
Romania63.554.165.583.69.6%
France72.050.148.147.8-12.8%
Slovenia26.633.639.642.216.6%
Hungary9.714.023.832.749.9%
Others27125534536310.2%
Total1,4231,2811,6031,7887.9%

Top Suppliers of Truck and Bus Tyre to Germany in 2022:

  1. Slovakia (1727.1K units)
  2. China (1290.5K units)
  3. Turkey (1218.7K units)
  4. Czech Republic (1068.2K units)
  5. Thailand (1066.4K units)
  6. United States (1001.2K units)
  7. Romania (869.8K units)
  8. Poland (760.9K units)
  9. Luxembourg (724.4K units)
  10. Spain (520.7K units)
  11. France (488.4K units)
  12. Hungary (408.7K units)
  13. Slovenia (366.2K units)

Exports of Truck and Bus Tyre in Germany

Truck and bus tyre exports from Germany stood at 7.5M units in 2022, leveling off at the previous year. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 15%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, truck and bus tyre exports rose to $1.3B in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Truck and Bus Tyre in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France19819625027010.9%
Poland63.965.487.110518.0%
Netherlands51.563.777.985.518.4%
Spain63.957.963.478.06.9%
United Kingdom70.275.874.668.7-0.7%
Italy57.453.061.462.62.9%
Belgium40.240.952.362.415.8%
Austria59.749.655.161.20.8%
United States59.148.062.858.3-0.5%
Luxembourg43.139.949.852.56.8%
Switzerland29.833.637.841.011.2%
Denmark30.131.137.735.96.0%
Hungary32.227.225.833.00.8%
Others271249291253-2.3%
Total1,0711,0311,2271,2675.8%

Top Export Markets for Truck and Bus Tyre from Germany in 2022:

  1. France (1834.8K units)
  2. Poland (477.6K units)
  3. United Kingdom (470.8K units)
  4. Spain (451.3K units)
  5. Italy (431.0K units)
  6. Netherlands (416.8K units)
  7. Austria (339.4K units)
  8. United States (309.0K units)
  9. Belgium (308.2K units)
  10. Luxembourg (299.0K units)
  11. Switzerland (297.4K units)
  12. Hungary (233.3K units)
  13. Denmark (220.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for truck and bus tyre in Germany. 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 22111355 - New pneumatic rubber tyres for buses or lorries with a load index . .121
  • Prodcom 22111357 - New pneumatic rubber tyres for buses or lorries with a load index > .121

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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