France: Overview of the Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2021

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

In 2020, the French market for tyres for agriculture, forestry, construction, industry and other off the road vehicles increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, recorded a pronounced decline. The growth pace was the most rapid in 2019 when the market value increased by X% against the previous year. Consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a 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 2020 estimated in export prices. Over the period under review, production, however, saw a deep downturn. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Over the period under review, production of tyres for agriculture, forestry, construction, industry and other off road vehicles reached the maximum level at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

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

Exports from France

In 2020, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from France rose slightly to X units, growing by X% compared with the previous year's figure. In general, exports, however, continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of X units. from 2012 to 2020, the growth of exports remained at a somewhat lower figure.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

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 third position in this ranking was occupied by Italy (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Italy (-X% per year).

In value terms, the U.S. ($X), Germany ($X) and Sweden ($X) appeared to be the largest markets for agricultural, construction and industrial machinery tire exported from France worldwide, together comprising X% of total exports. These countries were followed by the UK, Belgium, Italy, Spain, Russia, the Netherlands, Austria, Poland, Turkey and Switzerland, which together accounted for a further X terms of the main countries of destination, Russia saw the highest growth rate of 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

The average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2020, remaining stable against the previous year. Overall, export price indicated a noticeable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles decreased by -X% against 2018 indices. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Russia ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, 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

In 2020, approx. X units of tyres for agriculture, forestry, construction, industry and other off the road vehicles were imported into France; remaining constant against the previous year's figure. Over the period under review, imports, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X in 2020. In general, total imports indicated measured growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off road vehicles attained the maximum in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, India (X units) constituted the largest supplier of agricultural, construction and industrial machinery tire to France, with a X% share of total imports. Moreover, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from India exceeded the figures recorded by the second-largest supplier, Belgium (X units), fourfold. The third position in this ranking was occupied by Poland (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Poland (-X% per year).

In value terms, India ($X), Poland ($X) and Italy ($X) constituted the largest agricultural, construction and industrial machinery tire suppliers to France, together comprising X% of total imports.

Among the main suppliers, India 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

The average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2020, standing approx. at the previous year. Overall, the import price recorded a resilient expansion. The growth pace was the most rapid in 2018 an increase of X% y-o-y. As a result, import price reached the peak level of $X per unit. from 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2020, 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 Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres for agriculture, forestry, construction, industry and other off the road vehicles in the world?

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The country with the largest volume of consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles was China (39M units), accounting for 31% of total volume. Moreover, consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles in China exceeded the figures recorded by the second-largest consumer, India (14M units), threefold. The U.S. (8.5M units) ranked third in terms of total consumption with a 6.7% share.

What are the largest producers of tyres for agriculture, forestry, construction, industry and other off the road vehicles in the world?

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China (63M units) constituted the country with the largest volume of production of tyres for agriculture, forestry, construction, industry and other off the road vehicles, accounting for 52% of total volume. Moreover, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles in China exceeded the figures recorded by the second-largest producer, India (19M units), threefold. The third position in this ranking was occupied by Indonesia (6M units), with a 4.9% share.

What are the leading suppliers of tyres for agriculture, forestry, construction, industry and other off the road vehicles to France?

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In value terms, India ($99M), Poland ($54M) and Italy ($51M) constituted the largest agricultural, construction and industrial machinery tire suppliers to France, together accounting for 45% of total imports.

What are the leading importers of tyres for agriculture, forestry, construction, industry and other off the road vehicles from France?

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In value terms, the largest markets for agricultural, construction and industrial machinery tire exported from France were the U.S. ($90M), Germany ($78M) and Sweden ($33M), with a combined 36% share of total exports. These countries were followed by the UK, Belgium, Italy, Spain, Russia, the Netherlands, Austria, Poland, Turkey and Switzerland, which together accounted for a further 35%.

What is the average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles in France?

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In 2020, the average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $617 per unit, approximately equating the previous year.

What is the average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles in France?

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The average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $307 per unit in 2020, stabilizing at the previous year.