Denmark - Tyres For Motor Cars - Market Analysis, Forecast, Size, Trends and Insights

Denmark: Passenger Car Tire Market Overview 2019

Passenger Car Tire Market Size in Denmark

The revenue of the passenger car tire market in Denmark amounted to $X in 2017, surging by X% against the previous year. In general, passenger car tire consumption continues to indicate a deep slump. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The passenger car tire consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Passenger Car Tire Production in Denmark

In 2017, the amount of tyres for motor cars produced in Denmark totaled X kg, declining by -X% against the previous year. In general, passenger car tire production continues to indicate a precipitous descent. The growth pace was the most rapid in 2013, with an increase of -X% y-o-y. The passenger car tire production peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Passenger Car Tire Exports from Denmark

In 2017, exports of tyres for motor cars from Denmark stood at X tonnes, declining by -X% against the previous year. Overall, the total exports indicated a mild increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the passenger car tire exports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The exports peaked of X tonnes in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, passenger car tire exports amounted to $X in 2017. Overall, passenger car tire exports continue to indicate a relatively flat trend pattern. Over the period under review, the passenger car tire exports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Passenger Car Tire Exports by Country from Denmark

The Netherlands (X tonnes), Germany (X tonnes) and the UK (X tonnes) were the main destinations of passenger car tire exports from Denmark, with a combined X% share of total exports. These countries were followed by Lithuania, Iraq, the Czech Republic, Italy, Poland, Faroe Islands, France, Sweden and Belgium, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Lithuania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest markets for passenger car tire exported from Denmark were the Netherlands ($X), Germany ($X) and Italy ($X), together comprising X% of total exports. Iraq, the UK, Faroe Islands, Lithuania, the Czech Republic, Poland, Sweden, France and Belgium lagged somewhat behind, together accounting for a further X%.

Iraq (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Passenger Car Tire Export Prices by Country in Denmark

The average passenger car tire export price stood at $X per kg in 2017, therefore, remained relatively stable against the previous year. Overall, passenger car tire export price continues to indicate a moderate setback. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the average export prices for tyres for motor cars attained its maximum level of $X per kg in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Italy ($X per kg), while average price for exports to the UK ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to France (-X% per year), the export prices for other major destinations experienced a decline.

Passenger Car Tire Imports into Denmark

Passenger car tire imports into Denmark totaled X tonnes in 2017, growing by X% against the previous year. Overall, passenger car tire imports continue to indicate a temperate contraction. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. The imports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, passenger car tire imports amounted to $X in 2017. In general, passenger car tire imports continue to indicate a perceptible shrinkage. The imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Passenger Car Tire Imports by Country into Denmark

In 2017, Germany (X tonnes) constituted the largest passenger car tire supplier to Denmark, accounting for X% share of total imports. Moreover, passenger car tire imports from Germany exceeded the figures recorded by the second largest supplier, the UK (X tonnes), threefold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and China (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of passenger car tire to Denmark, making up X% of total passenger car tire imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and China (+X% per year).

Passenger Car Tire Import Prices by Country in Denmark

In 2017, the average passenger car tire import price amounted to $X per kg, approximately reflecting the previous year. Overall, passenger car tire import price continues to indicate a slight contraction. The growth pace was the most rapid in 2008, when the average import prices increased by X% against the previous year. Over the period under review, the average import prices for tyres for motor cars reached its peak figure level of $X per kg in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Germany ($X per kg), while prices for passenger car tire imports from Poland ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belgium (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform