Eastern Europe: Market for Tyres For Buses Or Lorries 2024

Market Size for Tyres For Buses Or Lorries in Eastern Europe

The East European truck and bus tyre market shrank to $X in 2022, waning by X% against the previous year. In general, consumption showed a perceptible curtailment. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Tyres For Buses Or Lorries in Eastern Europe

In value terms, truck and bus tyre production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Tyres For Buses Or Lorries

Exports in Eastern Europe

In 2022, the amount of tyres for buses or lorries exported in Eastern Europe reduced to X units, declining by X% against the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, truck and bus tyre exports shrank to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Slovakia (X units), distantly followed by Poland (X units), the Czech Republic (X units), Romania (X units), Hungary (X units) and Russia (X units) were the largest exporters of tyres for buses or lorries, together making up X% of total exports. Belarus (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Poland ($X) and the Czech Republic ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Romania, Hungary, Russia and Belarus lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Poland ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Imports of Tyres For Buses Or Lorries

Imports in Eastern Europe

In 2022, after three years of growth, there was significant decline in supplies from abroad of tyres for buses or lorries, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2021, and then reduced in the following year.

In value terms, truck and bus tyre imports totaled $X in 2022. Over the period under review, imports, however, recorded modest growth. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Russia (X units) and Poland (X units) were the major importers of tyres for buses or lorries in 2022, recording near X% and X% of total imports, respectively. Romania (X units) ranks next in terms of the total imports with an X% share, followed by Hungary (X%), the Czech Republic (X%), Ukraine (X%) and Slovakia (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest truck and bus tyre importing markets in Eastern Europe were Russia ($X), Poland ($X) and Romania ($X), together comprising X% of total imports.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, continues to indicate a mild decline. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Czech Republic ($X per unit) and Ukraine ($X per unit), while Slovakia ($X per unit) and Hungary ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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