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EU - Tyres - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

EU - Tyres - Market Analysis, Forecast, Size, Trends and Insights

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Apr 1, 2021

Strong Truck Tyre Demand to Shape a Recovery of the European Tyre Market

IndexBox has just published a new report: 'EU - Tyres - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The auto market collapse has hit the European tyres market hard, but the increasing demand for truck tyres is to become a remedy. In the context of tightening European environmental legislation, ‘green' tyres become more popular.

Key Trends and Insights

In 2020, the European sales of the original equipment tyres fell 23% (year-on-year) for consumer car tyres and 18% for trucks. In the replacement market, the decline was 12% for car tyres, 9% moto & scooter tyres, and 4% for truck tyres (according to ETRMA), while agricultural tyres sales remained unchanged.

The cause of the drop was the global decline in automotive production. According to the International Organization of Motor Vehicle Manufacturers, Germany (-24%), France (-39%), Great Britain (-29%), Italy (- 15%), Czech Republic (- 19%), Spain (- 20%) and Poland (- 31%) registered significant declines.

Amid asynchronous quarantine measures in different countries and disruptions in supply chains, manufacturers and distributors have accumulated large stocks of summer tyres produced in Spring 2020 and winter tyres not sold due to unusually warm weather, which has increased expenditures on storage for companies. While surplus stocks were in warehouses, the resumption of production growth was delayed.

In the 4th quarter of 2020, the demand for tyres for agricultural vehicles, motorcycles, scooters and trucks resumed growth. These downstream segments are to support the EU tyres market in 2021.

The ‘green' tyres made from a silica-silane system become more popular in Europe amid tightening environmental requirements. ‘Green' tyres feature a better grip on wet roads, lower rolling resistance and, as a result, higher fuel efficiency as compared to conventional tyres.

Germany to Lead in Tyre Production and Export

The countries with the highest volumes of tyre production in 2019 were Germany (74M units), Poland (48M units) and Spain (43M units), with a combined 38% share of total production. These countries were followed by Romania, Portugal, France, the Czech Republic, the UK, Italy and Hungary, which accounted for a further 50% (IndexBox estimates).

From 2012 to 2019, the most notable growth rate in terms of tyre production, amongst the key producing countries, was attained by Hungary, while tyre production for the other leaders experienced a decline in the production figures.

In 2019, shipments abroad of tyres decreased by -3.8% to 405M units, falling for the sixth consecutive year after two years of growth. Over the period under review, exports showed a perceptible decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 10% year-to-year. As a result, exports attained a peak of 559M units. From 2014 to 2019, the growth exports remained at a lower figure.

In value terms, tyre exports declined to $27.5B (IndexBox estimates) in 2019. In general, exports recorded a noticeable downturn. The pace of growth was the most pronounced in 2017, with an increase of 7% year-to-year. Over the period under review, exports reached the peak figure at $32.7B in 2013; however, from 2014 to 2019, exports failed to regain momentum.

In 2019, Germany (91M units), distantly followed by Poland (37M units), Spain (33M units), Romania (31M units), France (31M units), the Czech Republic (27M units), Italy (25M units), Hungary (23M units) and the Netherlands (21M units) represented the main exporters of tyres, generating 79% of total exports. Portugal (18M units), Slovakia (17M units), Belgium (14M units) and the UK (9.5M units) took a small share of total exports.

In value terms, Germany ($5.6B) remains the largest tyre supplier in the European Union, comprising 20% of total exports. The second position in the ranking was occupied by France ($2.7B), with a 9.8% share of total exports. It was followed by Spain, with an 8.7% share.

Source: IndexBox Market Intelligence Platform

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in the EU, split by region and country
  • Trade (exports and imports) in the EU
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Austria
    • Belgium
    • Bulgaria
    • Croatia
    • Cyprus
    • Czech Republic
    • Denmark
    • Estonia
    • Finland
    • France
    • Germany
    • Greece
    • Hungary
    • Ireland
    • Italy
    • Latvia
    • Lithuania
    • Luxembourg
    • Malta
    • Netherlands
    • Poland
    • Portugal
    • Romania
    • Slovakia
    • Slovenia
    • Spain
    • Sweden

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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