United Kingdom - Tyres For Buses Or Lorries - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Truck and Bus Tyre in the UK - 2023
Contents:
- Price for Truck and Bus Tyre in the UK (CIF) - 2023
- Price for Truck and Bus Tyre in the UK (FOB) - 2023
- Imports of Truck and Bus Tyre in the UK
- Exports of Truck and Bus Tyre in the UK
Price for Truck and Bus Tyre in the UK (CIF) - 2023
In June 2023, the average truck and bus tyre import price amounted to $153 per unit, with a decrease of -1.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 15% m-o-m. Over the period under review, average import prices attained the peak figure at $163 per unit in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat 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 Spain ($306 per unit), while the price for Serbia ($65.8 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 Spain (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Truck and Bus Tyre in the UK (FOB) - 2023
The average truck and bus tyre export price stood at $156 per unit in June 2023, rising by 6.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in November 2022 an increase of 10% against the previous month. The export price peaked at $160 per unit in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($579 per unit), while the average price for exports to Belgium ($114 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 Spain (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Truck and Bus Tyre in the UK
Truck and bus tyre imports into the UK dropped to 3.8M units in 2022, falling by -5.4% compared with 2021. The total import volume increased at an average annual rate of +6.3% 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 with an increase of 35%. As a result, imports attained the peak of 4M units, and then fell in the following year.
In value terms, truck and bus tyre imports declined to $565M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports attained the peak of $565M, leveling off in the following year.
| Import of Truck and Bus Tyre in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 28.9 | 26.1 | 40.4 | 56.7 | 25.2% |
| Poland | 25.4 | 29.2 | 32.6 | 49.9 | 25.2% |
| Slovakia | 37.0 | 35.5 | 41.7 | 47.1 | 8.4% |
| Spain | 40.9 | 32.4 | 36.5 | 46.2 | 4.1% |
| China | 36.1 | 26.6 | 23.7 | 40.9 | 4.2% |
| South Korea | 26.8 | 18.4 | 30.3 | 38.3 | 12.6% |
| Turkey | 20.7 | 21.3 | 18.5 | 32.4 | 16.1% |
| France | 24.4 | 19.7 | 35.9 | 26.2 | 2.4% |
| Czech Republic | 11.1 | 9.5 | 17.0 | 16.8 | 14.8% |
| Hungary | 6.8 | 6.6 | 16.0 | 14.6 | 29.0% |
| United States | 1.5 | 0.6 | 1.8 | 11.1 | 94.9% |
| Italy | 8.2 | 9.3 | 11.7 | 10.9 | 10.0% |
| Serbia | 4.0 | 2.4 | 3.3 | 9.0 | 31.0% |
| Others | 141 | 138 | 255 | 165 | 5.4% |
| Total | 413 | 375 | 565 | 565 | 11.0% |
Top Suppliers of Truck and Bus Tyre to the UK in 2022:
- Thailand (484.4K units)
- Slovakia (388.9K units)
- France (274.2K units)
- China (244.3K units)
- Poland (227.6K units)
- Turkey (218.1K units)
- Spain (198.8K units)
- Italy (179.4K units)
- Hungary (169.7K units)
- Serbia (158.9K units)
- South Korea (150.5K units)
- United States (129.9K units)
- Czech Republic (129.1K units)
Exports of Truck and Bus Tyre in the UK
In 2022, the amount of tyres for buses or lorries exported from the UK was estimated at 1.1M units, almost unchanged from the previous year. In general, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 9.6% against the previous year. Over the period under review, the exports attained the peak figure at 1.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, truck and bus tyre exports expanded remarkably to $127M in 2022. Over the period under review, exports, however, saw a pronounced decline. Over the period under review, the exports reached the peak figure at $143M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Truck and Bus Tyre in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.3 | 12.4 | 15.4 | 18.4 | 8.8% |
| Germany | 24.2 | 18.1 | 16.3 | 18.2 | -9.1% |
| Ireland | 27.4 | 33.6 | 16.9 | 14.0 | -20.1% |
| Italy | 11.6 | 6.7 | 10.7 | 11.8 | 0.6% |
| Netherlands | 17.2 | 15.9 | 12.4 | 11.0 | -13.8% |
| China | 9.0 | 8.6 | 7.8 | 5.3 | -16.2% |
| France | 5.1 | 2.8 | 4.7 | 5.2 | 0.6% |
| Switzerland | N/A | 0.7 | 4.2 | 5.2 | 172.6% |
| Belgium | 3.5 | 3.4 | 2.6 | 4.1 | 5.4% |
| Canada | 5.7 | 3.3 | 3.6 | 4.0 | -11.1% |
| Spain | 4.5 | 3.7 | 3.3 | 3.7 | -6.3% |
| Slovakia | 3.4 | 2.3 | 2.6 | 2.9 | -5.2% |
| Turkey | 1.4 | 1.4 | 1.9 | 1.7 | 6.7% |
| Others | 16.0 | 12.1 | 14.8 | 21.5 | 10.4% |
| Total | 143 | 125 | 117 | 127 | -3.9% |
Top Export Markets for Truck and Bus Tyre from the UK in 2022:
- United States (181.8K units)
- Germany (165.4K units)
- Italy (120.7K units)
- Netherlands (83.7K units)
- China (50.8K units)
- Ireland (49.7K units)
- Switzerland (49.2K units)
- France (44.0K units)
- Belgium (41.4K units)
- Canada (39.7K units)
- Spain (36.6K units)
- Slovakia (26.6K units)
- Turkey (16.4K units)
This report provides an in-depth analysis of the market for truck and bus tyre in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
597
This report provides an in-depth analysis of the market for truck and bus tyre in the UK.
309
This report provides an in-depth analysis of the aircraft tyre market in the UK.
815
This report provides an in-depth analysis of the tyre market in the UK.
466
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in the UK.
386
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in the UK.
506
This report provides an in-depth analysis of the passenger car tyre market in the UK.
327
This report provides an in-depth analysis of the soap market in the UK.
553
This report provides an in-depth analysis of the wood fuel market in the UK.
389
This report provides an in-depth analysis of the soap in bars market in the UK.
392
This report provides an in-depth analysis of the skim milk market in the UK.
272
In March 2023, the aircraft tyre price stood at $1,014 per unit (FOB, United Kingdom), picking up by 16% against the previous month.
271
In February 2023, the passenger car tyre price amounted to $45.9 per unit (CIF, United Kingdom), approximately reflecting the previous month.
411
In July 2022, the wood fuel price stood at $243 per cubic meter (CIF, United Kingdom), surging by 3.8% against the previous month.
290
In March 2023, the seat price stood at $354 per unit (CIF, United Kingdom), almost unchanged from the previous month.
150
Explore the top import markets for truck and bus tyres globally, including key statistics and insights. Discover the leading countries driving the importation of these essential vehicle components.
1058
China dominates in the global tyres for buses or lorries trade. In 2014, CNTR exported X million units of tyres for buses or lorries totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X.
440
The tyre industry has witnessed significant growth over the years, driven by the increasing demand for automobiles and the expanding global automotive industry. As a result, tire manufacturers around the world are constantly looking to tap into the best import markets for tyres to ensure their products reach a wider audience. The IndexBox Market Intelligence Platform provides comprehensive and up-to-date data on global trade, including import values, market trends, and key statistics. Based on the data sourced from the IndexBox platform, we have compiled a list of the top 10 countries with the highest import values for tyres in 2022. The United States takes the top spot with an import value of $18.7 billion in 2022, followed by Germany and France. Emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market for tyres. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.
2272
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
937
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...
1039
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...
