Netherlands: Passenger Car Tyre Market 2024

Passenger Car Tyre Market Size in the Netherlands

In 2022, the Dutch passenger car tyre market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Passenger Car Tyre Production in the Netherlands

In value terms, passenger car tyre production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Passenger Car Tyre Exports

Exports from the Netherlands

In 2022, shipments abroad of tyres for motor cars decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then fell dramatically in the following year.

In value terms, passenger car tyre exports declined to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Germany (X units) was the main destination for passenger car tyre exports from the Netherlands, with a X% share of total exports. Moreover, passenger car tyre exports to Germany exceeded the volume sent to the second major destination, France (X units), threefold. Italy (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for tyres for motor cars exports from the Netherlands, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Belgium, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Belgium (X% per year).

Export Prices by Country

The average passenger car tyre export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Passenger Car Tyre Imports

Imports into the Netherlands

In 2022, the amount of tyres for motor cars imported into the Netherlands surged to X units, rising by X% on the previous year. Over the period under review, imports continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, passenger car tyre imports expanded rapidly to $X in 2022. The total import value 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 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Germany (X units) and South Korea (X units) were the main suppliers of passenger car tyre imports to the Netherlands, with a combined X% share of total imports.

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

In value terms, the largest passenger car tyre suppliers to the Netherlands were Germany ($X), China ($X) and Belgium ($X), with a combined X% share of total imports. South Korea, Hungary, Italy, France, Turkey, India, Japan, Poland, the UK and Thailand lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average passenger car tyre import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price saw a deep reduction. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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