Australia and Oceania: Passenger Car Tyre Market 2024

Passenger Car Tyre Market Size in Australia and Oceania

In 2022, the passenger car tyre market in Australia and Oceania increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Passenger Car Tyre Production in Australia and Oceania

In value terms, passenger car tyre production declined slightly to $X in 2022 estimated in export price. Overall, production, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Passenger Car Tyre Exports

Exports in Australia and Oceania

In 2022, shipments abroad of tyres for motor cars was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, passenger car tyre exports soared to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Australia represented the main exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by New Zealand (X units), comprising an X% share of total exports.

Australia was also the fastest-growing in terms of the tyres for motor cars exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest passenger car tyre supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia was relatively modest.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, with a decrease of X% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, passenger car tyre export price increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Passenger Car Tyre Imports

Imports in Australia and Oceania

In 2022, approx. X units of tyres for motor cars were imported in Australia and Oceania; reducing by X% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then contracted modestly in the following year.

In value terms, passenger car tyre imports rose to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X units) represented the largest importer of tyres for motor cars, comprising X% of total imports. It was distantly followed by New Zealand (X units), constituting a X% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of tyres for motor cars. New Zealand experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported tyres for motor cars in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

In Australia, passenger car tyre imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price, however, showed a slight contraction. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while New Zealand amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform

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