Benelux: Passenger Car Tyre Market 2024

Passenger Car Tyre Market Size in Benelux

In 2022, the Benelux passenger car tyre market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a temperate increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Passenger Car Tyre Production in Benelux

In value terms, passenger car tyre production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced decline. The growth pace was the most rapid in 2020 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Passenger Car Tyre Exports

Exports in Benelux

In 2022, after two years of growth, there was significant decline in overseas shipments of tyres for motor cars, when their volume decreased by X% to X units. In general, exports showed a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then declined dramatically in the following year.

In value terms, passenger car tyre exports shrank to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

The Netherlands represented the key exporter of tyres for motor cars in Benelux, with the volume of exports accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Belgium (X units), constituting a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the Netherlands ($X) remains the largest passenger car tyre supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

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

Passenger Car Tyre Imports

Imports in Benelux

In 2022, approx. X units of tyres for motor cars were imported in Benelux; jumping by X% against the year before. Total imports indicated a resilient expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, passenger car tyre imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

In 2022, the Netherlands (X units) represented the major importer of tyres for motor cars, generating X% of total imports. It was distantly followed by Belgium (X units), mixing up a X% share of total imports. Luxembourg (X units) followed a long way behind the leaders.

Imports into the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to X%. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price saw a perceptible descent. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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