United Arab Emirates: Passenger Car Tyre Market 2024

Passenger Car Tyre Market Size in the United Arab Emirates

The passenger car tyre market in the United Arab Emirates surged to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed a slight slump. Passenger car tyre consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Passenger Car Tyre Production in the United Arab Emirates

In value terms, passenger car tyre production totaled $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. Passenger car tyre production peaked in 2022 and is expected to retain growth in the immediate term.

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Passenger Car Tyre Exports

Exports from the United Arab Emirates

After two years of decline, shipments abroad of tyres for motor cars increased by X% to X units in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, passenger car tyre exports skyrocketed to $X in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X units), China (X units) and Yemen (X units) were the main destinations of passenger car tyre exports from the United Arab Emirates, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for passenger car tyre exported from the United Arab Emirates were Iraq ($X), China ($X) and the Netherlands ($X), together accounting for X% of total exports.

China, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average passenger car tyre export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price showed a perceptible curtailment. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Kenya ($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 Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Passenger Car Tyre Imports

Imports into the United Arab Emirates

In 2022, the amount of tyres for motor cars imported into the United Arab Emirates fell to X units, waning by X% compared with 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, passenger car tyre imports skyrocketed to $X in 2022. Over the period under review, imports showed a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Japan (X units), China (X units) and South Korea (X units) were the main suppliers of passenger car tyre imports to the United Arab Emirates, with a combined X% share of total imports. Thailand, Germany, Poland, the United States, the Czech Republic, Hungary, Spain, France, Italy and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (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 United Arab Emirates were Japan ($X), South Korea ($X) and Thailand ($X), with a combined X% share of total imports. China, Germany, Poland, the United States, the Czech Republic, Hungary, Spain, France, Italy and Romania lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Poland, with a CAGR of X%, 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

In 2022, the average passenger car tyre import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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