France: Overview of the Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2019

Market Size for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in France

The revenue of the market for tyres for agriculture, forestry, construction, industry and other off the road vehicles in France amounted to $X in 2018, shrinking by -X% against the previous year. Overall, consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Production of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in France

In value terms, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles totaled $X in 2018 estimated in export prices. Over the period under review, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles continues to indicate a deep shrinkage. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles reached its maximum level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Exports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Exports from France

In 2018, the amount of tyres for agriculture, forestry, construction, industry and other off the road vehicles exported from France totaled X units, declining by -X% against the previous year. Overall, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at X units in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X in 2018. Overall, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

Germany (X units) was the main destination for exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from France, with a X% share of total exports. Moreover, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles to Germany exceeded the volume sent to the second major destination, the U.S. (X units), twofold. The UK (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and the UK (-X% per year).

In value terms, the U.S. ($X), Germany ($X) and the UK ($X) were the largest markets for agricultural and construction machinery tire exported from France worldwide, together accounting for X% of total exports. Australia, Canada, Italy, Belgium, Spain, Poland, the Netherlands, Austria and Chile lagged somewhat behind, together accounting for a further X the main countries of destination, Poland experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X per unit, remaining relatively unchanged against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for tyres for agriculture, forestry, construction, industry and other off the road vehicles reached their maximum in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Australia ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Imports into France

Imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles into France amounted to X units in 2018, reducing by -X% against the previous year. Overall, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X in 2018. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

Viet Nam (X units), India (X units) and Italy (X units) were the main suppliers of imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles to France, with a combined X% share of total imports. The Netherlands, Poland, Romania, China, Sri Lanka, Spain, the Czech Republic, Israel and Slovakia lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Slovakia, while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Poland ($X) and Spain ($X) appeared to be the largest agricultural and construction machinery tire suppliers to France, together accounting for X% of total imports.

India recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2018, jumping by X% against the previous year. In general, the import price indicated remarkable growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The import price peaked in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per unit), while the price for Viet Nam ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform