Report World - Tyres - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Tyres - Market Analysis, Forecast, Size, Trends and Insights
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Global Tyre Market 2022

Tyre Market Size

The global tyre market totaled $X in 2021, approximately reflecting the previous year. In general, consumption recorded a relatively flat trend pattern. Global consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Tyre Production

In value terms, tyre production rose modestly to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, global production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Tyre Exports

Exports

In 2021, approx. X units of tyres were exported worldwide; increasing by X% against the year before. The total export 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 throughout the analyzed period. The global exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, tyre exports surged to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, China (X units) was the major exporter of tyres, achieving X% of total exports. Thailand (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%). The following exporters - Indonesia (X units), Japan (X units), South Korea (X units), Taiwan (Chinese) (X units), Spain (X units), Poland (X units), the Netherlands (X units), France (X units), Vietnam (X units) and Romania (X units) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to tyre exports from China stood at +X%. At the same time, Thailand (+X%), Vietnam (+X%), Romania (+X%), Spain (+X%), Poland (+X%), the Netherlands (+X%) and Indonesia (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Taiwan (Chinese) and Germany experienced a relatively flat trend pattern. By contrast, South Korea (-X%), France (-X%) and Japan (-X%) illustrated a downward trend over the same period. Thailand (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the global exports, while France and Japan saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest tyre supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Thailand ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, tyre exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+X% per year) and Germany (-X% per year).

Export Prices by Country

The average tyre export price stood at $X per unit in 2021, increasing by X% against the previous year. Overall, the export price, however, recorded a mild reduction. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the other global leaders experienced more modest paces of growth.

Tyre Imports

Imports

Global tyre imports totaled X units in 2021, surging by X% on the year before. 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 in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tyre imports soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, global imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units), distantly followed by Germany (X units) were the largest importers of tyres, together comprising X% of total imports. France (X units), Mexico (X units), Italy (X units), the Netherlands (X units), the UK (X units), Spain (X units), Brazil (X units), Canada (X units), Russia (X units), Colombia (X units) and Australia (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to tyre imports into the United States stood at +X%. At the same time, Colombia (+X%), the Netherlands (+X%), Mexico (+X%), Spain (+X%), Italy (+X%), the UK (+X%), Australia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. France and Canada experienced a relatively flat trend pattern. By contrast, Brazil (-X%) and Russia (-X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported tyres worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with an X% share of global imports. It was followed by France, with a X% share.

In the United States, tyre imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and France (+X% per year).

Import Prices by Country

The average tyre import price stood at $X per unit in 2021, growing by X% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. Global import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence 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 the world?
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The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 43% of global consumption. These countries were followed by Indonesia, Brazil, Japan, Russia, Germany, the UK, France, Canada, South Korea and Pakistan, which together accounted for a further 25%.
What are the largest producers of tyres in the world?
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China constituted the country with the largest volume of tyre production, comprising approx. 35% of total volume. Moreover, tyre production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The United States ranked third in terms of total production with a 7.7% share.
What are the leading suppliers of tyres in the world?
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In value terms, China remains the largest tyre supplier worldwide, comprising 18% of global exports. The second position in the ranking was held by Thailand, with a 7.6% share of global exports. It was followed by Germany, with a 6.9% share.
What are the leading importers of tyres in the world?
+
In value terms, the United States constitutes the largest market for imported tyres worldwide, comprising 18% of global imports. The second position in the ranking was taken by Germany, with an 8.4% share of global imports. It was followed by France, with a 4.8% share.
What is the average export price for tyres in the world?
+
In 2021, the average tyre export price amounted to $49 per unit, picking up by 5.5% against the previous year.
What is the average import price for tyres in the world?
+
In 2021, the average tyre import price amounted to $50 per unit, surging by 6.6% against the previous year.

This report provides an in-depth analysis of the global tyre market. 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

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Company coverage:
Michelin, Bridgestone, Continental, Goodyear, Sumitomo, Hankook, Pirelli, Yokohama, ZC Rubber, Maxxis, Toyo, Linglong, Giti, Cooper, Apollo, Sailun, MRF, Kumho, Nokian, Nexen, Double Coin, JK, Triangle, Titan, CEAT, Kenda, Trelleborg, Guizhou Tyre, Prinx Chengshan, Aeolus

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
REPORT DESCRIPTION
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 PRODUCT

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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL 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. GLOBAL 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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, 2018–2021
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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