Report Northern America - Tyres - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Aug 26, 2022

Northern America - Tyres - Market Analysis, Forecast, Size, Trends and Insights
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Northern America: Tyre Market 2022

Tyre Market Size in Northern America

In 2021, the North American tyre market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.

Tyre Production in Northern America

In value terms, tyre production declined slightly to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Tyre Exports

Exports in Northern America

In 2021, shipments abroad of tyres increased by X% to X units for the first time since 2014, thus ending a six-year declining trend. Over the period under review, exports, however, showed a pronounced downturn. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, tyre exports soared to $X in 2021. Overall, exports, however, continue to indicate a perceptible decrease. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the United States (X units) was the main exporter of tyres, achieving X% of total exports. It was distantly followed by Canada (X units), comprising a X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Canada (with a CAGR of -X value terms, the United States ($X) remains the largest tyre supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

In the United States, tyre exports decreased by an average annual rate of -X% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 an increase of X%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%).

Tyre Imports

Imports in Northern America

After two years of decline, supplies from abroad of tyres increased by X% to X units in 2021. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by X%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, tyre imports soared to $X in 2021. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the largest importer of tyres in Northern America, with the volume of imports recording X units, which was approx. X% of total imports in 2021. It was distantly followed by Canada (X units), committing a X% share of total imports.

The United States was also the fastest-growing in terms of the tyres imports, with a CAGR of +X% from 2012 to 2021. Canada experienced a relatively flat trend pattern. The United States (+X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported tyres in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

In the United States, tyre imports remained relatively stable over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, showed a slight contraction. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-X%).

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres in Northern America?
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The United States remains the largest tyre consuming country in Northern America, accounting for 89% of total volume. Moreover, tyre consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, eightfold.
What are the largest producers of tyres in Northern America?
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The United States constituted the country with the largest volume of tyre production, accounting for 86% of total volume. Moreover, tyre production in the United States exceeded the figures recorded by the second-largest producer, Canada, sixfold.
What are the leading exporters of tyres in Northern America?
+
In value terms, the United States remains the largest tyre supplier in Northern America, comprising 72% of total exports. The second position in the ranking was held by Canada, with a 28% share of total exports.
What are the leading importers of tyres in Northern America?
+
In value terms, the United States constitutes the largest market for imported tyres in Northern America, comprising 83% of total imports. The second position in the ranking was taken by Canada, with a 17% share of total imports.
What is the average export price for tyres in Northern America?
+
The export price in Northern America stood at $121 per unit in 2021, surging by 7.2% against the previous year.
What is the average import price for tyres in Northern America?
+
In 2021, the import price in Northern America amounted to $57 per unit, with an increase of 6.1% against the previous year.

This report provides an in-depth analysis of the tyre market in Northern America. 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 2030.


Product coverage:
• Prodcom 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)
• 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
• Prodcom 22111370 - New pneumatic rubber tyres for aircraft
• Prodcom 22111200 - New pneumatic tyres, of rubber, of a kind used on motorcycles or bicycles
• Prodcom 22111400 - Agrarian tyres, other new pneumatic tyres, of rubber
Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• United States
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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