CIS: Market for Tyres For Buses Or Lorries 2024

Market Size for Tyres For Buses Or Lorries in CIS

In 2022, the CIS truck and bus tyre market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption continues to indicate a perceptible downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Tyres For Buses Or Lorries in CIS

In value terms, truck and bus tyre production fell modestly to $X in 2022 estimated in export price. In general, production recorded a deep setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Tyres For Buses Or Lorries

Exports in CIS

Truck and bus tyre exports dropped significantly to X units in 2022, waning by X% against the previous year's figure. Overall, exports saw a noticeable setback. The pace of growth was the most pronounced in 2015 with an increase of X%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, truck and bus tyre exports shrank remarkably to $X in 2022. Over the period under review, exports continue to indicate a noticeable slump. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Russia represented the main exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Belarus (X units), committing a X% share of total exports.

Russia was also the fastest-growing in terms of the tyres for buses or lorries exports, with a CAGR of X% from 2012 to 2022. Belarus (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest truck and bus tyre supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Russia stood at $X per unit.

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

Imports of Tyres For Buses Or Lorries

Imports in CIS

In 2022, truck and bus tyre imports in the CIS declined to X units, which is down by X% compared with the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, truck and bus tyre imports rose markedly to $X in 2022. Overall, imports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the major importer of tyres for buses or lorries in the CIS, with the volume of imports accounting for X units, which was near X% of total imports in 2022. Kazakhstan (X units) held the second position in the ranking, followed by Uzbekistan (X units), Belarus (X units) and Azerbaijan (X units). All these countries together took approx. X% share of total imports. Moldova (X units) and Armenia (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to truck and bus tyre imports into Russia stood at X%. At the same time, Uzbekistan (X%), Azerbaijan (X%), Belarus (X%), Armenia (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. Uzbekistan (X p.p.), Belarus (X p.p.) and Azerbaijan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported tyres for buses or lorries in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with an X% share.

In Russia, truck and bus tyre imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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