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Ireland - Tyres For Buses Or Lorries - Market Analysis, Forecast, Size, Trends and Insights
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Ireland: Overview of the Market for Tyres For Buses Or Lorries 2021

Market Size for Tyres For Buses Or Lorries in Ireland

After three years of growth, the Irish truck and bus tire market decreased by -X% to $X in 2020. Over the period under review, consumption recorded a slight curtailment. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. Truck and bus tire consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Exports of Tyres For Buses Or Lorries

Exports from Ireland

Truck and bus tire exports from Ireland soared to X units in 2020, with an increase of X% against the previous year. In general, exports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, exports attained the peak of X units. From 2016 to 2020, the growth exports remained at a lower figure.

In value terms, truck and bus tire exports surged to $X in 2020. Over the period under review, exports, however, showed a strong increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units) was the main destination for truck and bus tire exports from Ireland, with a X% share of total exports. Moreover, truck and bus tire exports to the UK exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the UK amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Germany (+X% per year).

In value terms, the largest markets for truck and bus tire exported from Ireland were the UK ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports.

Germany (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average truck and bus tire export price amounted to $X per unit, growing by X% against the previous year. In general, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per unit), while the average price for exports to the UK ($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 Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Buses Or Lorries

Imports into Ireland

After two years of growth, overseas purchases of tyres for buses or lorries decreased by -X% to X units in 2020. In general, imports saw a mild contraction. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Imports peaked at X units in 2019, and then contracted significantly in the following year.

In value terms, truck and bus tire imports shrank to $X in 2020. Over the period under review, imports recorded a pronounced setback. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the UK (X units) constituted the largest truck and bus tire supplier to Ireland, accounting for a X% share of total imports. Moreover, truck and bus tire imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the Netherlands (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of truck and bus tire to Ireland, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and Poland (+X% per year).

Import Prices by Country

The average truck and bus tire import price stood at $X per unit in 2020, surging by X% against the previous year. Overall, the import price, however, showed a mild slump. The growth pace was the most rapid in 2012 an increase of X% y-o-y. As a result, import price reached the peak level of $X per unit. From 2013 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was South Korea ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, 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 buses or lorries in the world?
+
The countries with the highest volumes of truck and bus tire consumption in 2020 were China (77M units), the U.S. (58M units) and India (31M units), together comprising 42% of global consumption.
What are the largest producers of tyres for buses or lorries in the world?
+
China (170M units) constituted the country with the largest volume of truck and bus tire production, accounting for 41% of total volume. Moreover, truck and bus tire production in China exceeded the figures recorded by the second-largest producer, India (34M units), fivefold. The third position in this ranking was occupied by the U.S. (29M units), with a 7% share.
What are the leading suppliers of tyres for buses or lorries to Ireland?
+
In value terms, the UK ($29M) constituted the largest supplier of truck and bus tire to Ireland, comprising 42% of total imports. The second position in the ranking was occupied by Spain ($8.5M), with a 12% share of total imports. It was followed by Poland, with a 6.5% share.
What are the leading importers of tyres for buses or lorries from Ireland?
+
In value terms, the UK ($16M), the Netherlands ($9.3M) and Germany ($4.3M) constituted the largest markets for truck and bus tire exported from Ireland worldwide, with a combined 94% share of total exports.
What is the average export price for tyres for buses or lorries in Ireland?
+
In 2020, the average truck and bus tire export price amounted to $306 per unit, picking up by 34% against the previous year.
What is the average import price for tyres for buses or lorries in Ireland?
+
In 2020, the average truck and bus tire import price amounted to $111 per unit, surging by 2% against the previous year.

Product coverage:
• Prodcom 22111355 - New pneumatic rubber tyres for buses or lorries with a load index . .121
• Prodcom 22111357 - New pneumatic rubber tyres for buses or lorries with a load index > .121

This report provides an in-depth analysis of the market for truck and bus tire in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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